TSX:HSE.PR.B - Post by User
Comment by
display_nameon Mar 18, 2020 2:07pm
117 Views
Post# 30822571
RE:RE:RE:RE:RE:HSE can be above $10 in few years
RE:RE:RE:RE:RE:HSE can be above $10 in few yearsI think wea re far past the point of the broader market fallout being due to the virus, at this point I think virus was just a catalyst and the broader market panic is fallout from:
-trillions on nagative yielding bonds on Euro markets
-eurodollar banking system has been absuing zero reserve requirements for borrowing between state banks for years
-corporate bonds yielding 7-8% in a 0% environment and can't be unwound
-not enough prisitine collateral to keep repo markets going
-the saudi-russia oil politics factor
-consumer class being priced out of homeownership (read: forced equity building)
Will be interesting to see where the pieces land, but I am happy to keep my money tied to companies which produce real commodities as it all shakes out.