You can bet on a bounceback from the Canadian banks next year: veteran money manager

[@geraldbrowne]

Canadian banks are going to be hammered

[@ganeshr4371]

Why is that just curious to know ?

[@Calvin5150VH]

​@@ganeshr4371Trudeau.

[@rjkrjk8344]

Because it's a bullshit illusion that Canadian banks are so great.

[@evalangley3985]

Canadian banks are some of the strongest and best regulated in the world. The interest rate is already factored in their actual stock prices. They will pop at the minute that the first interest rate cut will be announced.

[@geraldbrowne]

Not if the BOC goes before the USA FED. We will see in next 24 months.

[@KarenNaytowhow]

If u can get all calculations , deposits , transactions augmented by AI that be sweet

[@KarenNaytowhow]

And the banks manage the economy too

[@billyt3130]

Bloomberg is becoming a joke😅