RE:RE:RE:Analyst CommentI might disagree on this one....... I believe that GOEASY is more tied to the unemployment rate than anything, in particular as it effects lower income jobs. There is nothing drastic happening in the jobs market, while non discretionary costs are rising. This bodes well for an increase in loan customers for GOEASY, alongwith their expansion into the (currently overpriced) car market. We also have a tightening on money supply from the big banks, which will in turn push customers to search for other sources of money, which is another good thing. All of this, to me, means more lending will happen, and as long as the real jobs numbers are good, I would suggest we are in a great spot at the moment. Cheers
Torontojay wrote: I think this is a fair assessment. I'm bullish on Goeasy over a longer time horizon. I think the stock market has an uphill battle over the next 6-12 months as the Fed continues its rate hikes. In a recessionary environment, Goeasy will weather the storm but there will be challenges.