RE:RE:RE:RE:RE:Analyst CommentWhat I meant to say was not that unemployment levels will remain static, but that I do not believe they will rise to problematic levels that would impact it slow goeasy in any way. For me, 5-7% is not very concerning, but I've been wrong before, and could be again ;-) Cheers!
Torontojay wrote: I'm of the opinion that unemployment will rise over the next year or so and I think it will be around 5-6%. This will certainly impact Goeasy in the short run but they will consistently remain profitable nonetheless. If you believe unemployment will remain at current levels then we can agree to disagree. If you think the Fed is going to raise rates well into 2023 and bring down inflation back to a 2% target then unemployment has to increase. Let's just say, I don't think we're going to have a soft landing.