RE:RE:Job numbers Kind of ironic seeing that the jobs keep on coming while the fed sees it as a continued sign of inflation.
This will have as usual a positive sign on the market only to be dampened by the feds signaling rates to continue to rise.
What is not considered IMO is the effect china will have as it comes out of lockdown.
Reports have it that Tesla in China is 40% cheaper than in the States.
Look that to happen in other areas as china takes back its share in the market.
bicente wrote:
stockitnow wrote: Yesterday market was down on news of strong then expected private payroll numbers. Bombardier was up.
Today market future is up on report that employment was only slightly stronger and wage gains were less than expected.
Bombardier might be down today because of the employment numbers and some profit taken from yesterday's new high.
But then again Bombardier is on a roll so we might see a dip on open and green at end of day. Either way good 1st week of the year for Bombardier.
that's the thing with the markets , you just never know ... I've had many a discussion with Caisse employees about the bomber and most pointed to a big hurdle that might not be overcome , the debt .It looks like they are coming around , their target of mangeable net debt was around $1.5 B and they wouldn't touch the stock before then .Things have changed since then ( reverse split) and I believe they might speed up their purchases , but it all lies on the futur forecasts ... it's a good time to be holding shares ...GLTA