TSX:NWH.DB.G - Post by User
Comment by
Panic54321on Oct 18, 2023 1:09pm
86 Views
Post# 35689301
RE:Higher For Longer
RE:Higher For Longer Higher for longer I agree.
My bet is something breaks in Canadian by march of next year. ( They will have to cut in the second half of the year 2024 )
Consumer is way too indebted. Everyone I know is so focussed and panicked about interest rates. People are selling their properties because they can't afford the mortgage payments. ( This will be a big issue rates this high will not last for years )
Whatever happens with Northwest in the short term bottom line it's cheap goodbye right now.
Probably have to wait for the November 15 earnings before we get any news.
??