RE:My prediction Fed and BOC will do a couple more increases and then pause....first half of 2023 will be a disaster in the markets....earnings decline...unemployment up...inflation will continue to rise....a one year GIC by year end pushing 5.75%
Lets face it the Fed and BOC are nothing but a reactive group....I could be the governor of BOC and get the same and likely even better results....they analyze data and then make decisions based on the data.....pretty easy job....and they somehow still manage to screw it up....lol
Sangoma is at the mercy of the market...limited to no demand for our supply....I think we hit $4.50 in the first quarter of the year....and on that happy note.....Cheers to 2023!