Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s): CM | T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Financial Services

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.

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Canadian Imperial Bank of Commerce > Full recession is upon us

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Comment by flamingogoldon Dec 28, 2022 4:14pm

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Post# 35194269

RE:RE:Full recession is upon us

Correction... 2000 dot com bust followed by 2 years of melt and 10 years later... the S&P/Dow were still down. The lost decade.

flamingogold wrote: Luckily you never endured the 2001 dot com bust. Learned my lesson well back then. Total wipeout of capital on many startups... to zero.

CM is not going to zero and recessions end. But, left in its wake will be the wipe out of all the garbage companies and speculation, which is a healthy part of market mechanics.

Just stay diversified. Don't follow the crowd. Be patient.

Chefboy69 wrote: NO santa claus rally this year

and market keep getting hammered

WORST YEAR SINCE I HAVE BEEN IN STOCKS

I was invested in mutual funds( financial advisor cra.p) in 2008 when collapse happened and i started investing in stocks in 2013