Bombardier Inc. T.BBD.A

RE:RE:RE:RE:Predictions...predictions

[BBDB859]

Great points Flamingo.

You're probably even right about 2023. And we more than likely, have a heavier Recession hit in 2024 and 2025. The recession is coming though. Some say it's here right now. Depends on who is hurting.

Great score on the socks. The store probably got them, for 50 cents per/pair..

flamingogold wrote: 859... I'll interject with you three if I may. I tend to agree with you. The bankers are not going to squash inflation as quickly as everyone thinks. We're around 6% now, sure we dropped quickly last year from the peak but the hard work lies ahead in widdling it down back to 2%, especially once it's under 4%

I still see inflation ticking up in some areas. Just the other day, of all things, these socks I bought had jumped in price by $2 since checking them online a week ago. Luckily, the store had not replaced all the tags yet to the new price so I got the old price lol. Point being, we are a long way off from slaying the inflation beast.

While I'm expecting a mild recession ahead, I don't believe it will hit us this year as everyone predicts. I think it's more likely next year sometime as the FED realizes it needs to move harder on rates. The market is currently pricing in a rate pause and possibly even a decline of all things. How in heck is that possible if we are to get back to 2%. If they reduce, the market will celebrate but I expect inflation to be sticky for a long, long time and this "soft landing" runway may consume the better part of this decade!

BBDB859 wrote: Hey guys.

I'm glad I have you two (Club/Nobody) on the same post here.

This post is off topic to your current discussion. Though, it is right on topic from our previous discussions, on the Economy. So HERE goes.

We 've been having these discusions off on, at various times about the CANADIAN ECONOMY..The fact is, that we are starting to get realistic predictions/projections by Economist and Agencies now, on the Economy The average prediction by Economists, on the Inflation reaching the 2% annual Inflation Rate, is in 3 years, from now or in 2026. 

This 2026 year prediction, tells me all I need to know, to project what we'll see in the next 3 years. I don't want to outline any of my of predictions here. I'm not not here to spread Gloom & Doom. That's not my thing. I can only say that "Inflation isn't correcting itself"

So act accordingly. 

Those who are used to, or are expecting 1 or 2 year corrections in the Canadian Economy Economy, are the biggest ones, that will get surprised. We've enjoyed a 25 year ride upwards in the Economy in Ontario since 1997. Especially in the housing sector. So this is why I say Recession. 

And you may have your own predictions, and opinions, and I have mine. So there is no point in debating this with me I try to keep these things real on this board, as you guys know. But sometimes reality is just starring you in the face. 

As for the Bomber's plight in the next 2 to 3 years. I think we'll ride through unscathed in this Recession, and our share price will stay healthy, and rising, once Institutions, Banks, and the Private Investors, see a more resilient Bombardier FCF, and Revs Increasing, in the next few Quarters & in 2023/24 Years.

So enjoy the ride on the Bomber, and stay focussed given the Economic predictions from the Economic Experts.

MyNameIsNobody wrote: Very true amigo.. most if not everyone shouldn't make prediction.

If we really knew what we think we know we'd all be very rich, or a lot richer than now... that is if some of you are already rich :)

clubhouse19 wrote: Most should stay away from predictions as I do as we are seeing that it doesn't make you a star!  This retracement was to be over as mentioned yesterday,,,most of the times you just end up looking foolish trying to pretend you know it all.