RE:RE:RE:RE:RE:Overall Summary of Positive EarningsOne more note to add regarding "recession" fears being overblown. US earnings started today with the banks and they are topping estimates. Wasn't it just a month ago that headlines were screaming a banking crises. Always be leary of the headlines. Usually the opposite happens. This is why I stick to contrarian investing. It's also why I bought BBD.
flamingogold wrote: I am not fully convinced this "coming" recession will actually be as bad as the headlines like us to think. I am reading many stories such as yours where huge piles of money is sitting in cash on the sidelines and yet we continue to seesaw around this level.
A recession could be milder than the headlines are fearing and worst case we retest last year's October lows. Anything more and the FED / BoC will just drop their pants again which will stimulate the economy and the markets will just come back again.
Trooper01 wrote: Congrats! Bbd is my biggest win too, got in and out before the restructuring and my average cost was 25$ when Martel step in. Sold way too early at 50$ and move part of my gains in reitmans. Energy was a screaming buy too in 2021 and made a lot there. I am 50% cash now cause of the macro and i am fearing a recession like we have never have till a long time. This is the reason i got out of a lot of stocks lately. Maybe the recession will postpone the day when RET reach 10$ but hold on to your shares it will reach it very fast when a recovery will occur ,