Incitec Pivot Ltd T.IPL

RE:RE:RE:RE:Swell

[zalmonella]

Personally I think the trend has already started and January will be more of the same because investors are fearful of:

3. Brexit vote in mid January and the British goverenment sending warning letters to British companies (to prepare for the worse)  will slow the economy in Europe even further

I certainly think you're right on all the others except this one.  I'm looking forward to the opportunities that Brexit will pose, but I can't figure out whether it'll be disorderly or orderly and how that will affect other global equities.  I see US equities taking a bump up with a disorderly Brexit, for instance, but I'm not going there because I think Us equities are still priced too high even after the latest fall.

But here in Canada?  I think we're at the effect of controversy in the US more than anything, and one item you hadn't mentioned that seems to be becoming a real problem is T-Rump's fight with the Fed and the Central Bank.  If he fires Powell or in any other way attempts to interfere with central bank rates, that'll mean a short-term flood of capital into the US and away from Canada which will depress the price further.

And given how he's acted lately, who can say that won't happen?