Q2 2010 Consensus EPSOn the TD web site the Consensus of 11 Analysts for Q2 is negative 63 cents
Range from 0 cents to -1.10 dollars.
Looking back at TD analysis, their estimate was for -95cents
.Trying to figure out
TD estimared the losses on the Segregated Bond interest rate would be about $882 million
1) No interest rate losses in Q1, so why so huge in Q2 when both periods were low interest rate
2) The bulk of the segregated funds were in stock and mutual funds.
an estimated losses on equity of $1,362 million and losses of $882 million on Bonds
I know Bonds and stocks are inversely related, but not in MFC case.
What a difference in one Quarter ?