Content to collect 6% div.Canadian banks have been bobbing in doldrums since February of last year and this will likely persist for another Q or two. All have healthy yields...some well above treasuries. Now is the time to add or at least let the drips rip. There isn't a tsunami in the making, imo, to sink them all. More likely are clearer skies by 2024...once we emerge from this unacknowledged recession...provided the political nonsense on either side of the border fizzles out.
Inflation is declining but not fast enough...at least not in the housing sector. Tons of new housing going up in my area but at advertised price tabs of $600k and up...hardly affordable for the increase in population, mostly new immigrants. Food prices are on the mend and will soon be more noticible as the grocery chains start their BBQ season sales.
The one good thing about shorts is that they evenually have to cover.
Cheers