Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services Banks - Global

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

TSX:BNS - Post by User

Bank of Nova Scotia > Irrational Market

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Comment by SargeXon Mar 25, 2023 12:18pm

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Post# 35360314

RE:RE:Irrational Market

Totally disagree on the market being dangerous for the average investor. The markets are illogical in the short term but they are consistent and fairly predictable in the long term. It's only the short term traders that can get hurt. The longs will be fine if they invest in solid companies (like banks, utilities, midstream, and telcos).

As an aside, I'm actually expecting to see BNS hit $73 sometime this year.

Ciao
Sarge

Goldluck wrote:
Not irrational market but AI controlled. Computer algorithms have evolved into AI. Market is now a very dangerous place for average investor. Cannot guess the market anymore even based on fundamentals.

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