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.