RE:Why is inverted yield curve good for Reitmans? Let me make one additional comment.
The inverted yield curve is signalling a recession is imminent. The average length from the start of the inversion to the start of the recession is 10 months. The 10 year treasury minus 3 month inverted in October and a probable recession to start by Q3. This corresponds with several other leading indicators that I'm following.
In the last recession, Reitmans was still very much profitable but earnings did decline on a year over year basis. Also keep in mind that share price troughed just below $10 and we are sitting in the $4 range with similar earnings per share numbers.