Canadian Banc Corp T.BK

BK unit nav to April 4 = approx: $20.24

[mouserman]

BK unit nav has lost about 25 cents since the update March 28. Common now have a value of about $10.24 today ...last trade at 10.63 leaves them trading at a bit of premium , which is rare these days.
General market direction is down, and higher for longer is negative mood is kicking in. Really the market has been overbought on hopes of multiple interest rate cuts, in both the US and Canada. The likelihood of one coming from the BOC in JUNE took a shot today as the Trade surplus was amazingly high, but the main driver was gold sales..... at any rate it looks to me like a correction is starting.
And THAT is  not surprising to me at all.

[Toppicks1]

I have a very different view of the market. As I believe we are in for a strong run higher. Almost every stock I own is and has been going higher for quite a while and they show no signs of slowing down. Each to there own. 

[flamingogold]

"The likelihood of one coming from the BOC in JUNE took a shot today as the Trade surplus was amazingly high" The data changes fast and as of yesterday a June cut by the BoC is looking very imminent now with the latest unemployment data tapping 6.1%. Our economy is slowing much faster than in the US where job growth is surprisingly strong. I think now they will pull the trigger on a

[deisman03]

You could be right, but I don't agree.  I'm thinking the only reason they're going drop interest rates will be totally politically oriented.  6.1% unemployment will not lowere inflation from where it is now.  That rate only signals a "slow economic period"  Once it gets down to 7.5% that signals a recession, which would not be good politically for our

[Toppicks1]

This is the correction that hasn't happened.