Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): T.LFE.PR.B | CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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Canadian Life Companies Split Corp > Consumers not as happy as experts/ economists

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Post by mouserman on May 28, 2024 11:37am

Consumers not as happy as experts/ economists

Big picture: The economy seems to be growing at a steady pace but inflation has been sticky. The Atlanta Fed estimates real GDP in the second quarter is running at a 3.5% annual rate. That’s up from a 1.6% rate in the first three months of the year.

Despite the growth data, according to a recent Harris Poll, 56% of Americans believe the U.S. is in a recession. This is a puzzle for polling experts. Economists tend to think that Americans are still grappling with the higher level of prices left behind after the wave of inflation.
I am one who does not trust the govt numbers even a little bit.The have an agenda to keep the sheep brainwashed into believing everything is good. Unfortunately a lot of the sheep have brains enough to watch what is happening around them. Especially those who dont watch the mainstream media.
JMHO tho

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Comment by navgod on May 28, 2024 12:24pm

Different picture: same poll had 49% of respondents believe the S&P 500 is down for the year and the same percentage believed unemployment is at 50 year high! I really don't known what barnyard animal these people are but they are dumber than a bag of hammers.You are right about one thing-- they don't watch the mainstream media --- I not sure they can read.

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Canadian Life Companies Split Corp