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Bullboard - Stock Discussion Forum Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia is a bank in the Americas. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment... see more

TSX:BNS - Post Discussion

Bank of Nova Scotia > Collapse??? I don't think so
View:
Post by FishBC on Dec 01, 2022 1:39pm

Collapse??? I don't think so

I am not a subscriber...Is there anyone here that subscribes to Seeking Alpha? I am looking for a recent article calling for an implosion of Canadian bank stocks. I have a feeling the author will once again fail to understand all the layers of protection there are in the Canadian housing market and our banking system.

I will always add a few more shares of BNS when it is below my average cost of 68$

Comment by DeanEdmonton on Dec 02, 2022 1:09pm
I am not buying BNS here, am buying TD and RY. That said, every  year or two, someone looking to grab headlines forecasts the implosion of the Canadian Banks. They have been TOTALLY wrong for 60 years. Those that shorted them have lost multiple billions being wrong.
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