TSX:AX.PR.E - Post by User
Comment by
Frankie10on May 17, 2023 8:59am
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Post# 35451985
RE:td bank lowers price
RE:td bank lowers price The banks know rates are going higher. They receive insider info and collude amongst each other, regularly. It's easy to lower targets for companies heavily in debt with variable rate exposure when you know a hike is coming down the pike. Manji's directional bet that rates would not get this high has truly been a disaster. Hope I'm wrong.