RE:Buyouts The BoC and FED do not want to repeat their policy mistake coming out of covid. Back then when unemployment was still close to double digits, they continued to keep rates in the ditch. The right thing to do would have been the exact opposite thing to do... cut rates.
We are now on the other side of that scenario. Inflation is sticky so it seems like a rate cut by central bankers would be a mistake. But, because fiscal policy lags the economy, they need to move ahead of what's coming.
That's like driving your car at night without headlights and there's a curve in the road up ahead. Not an easy thing to pull off. So far, they are doing a good job this time and the market highs are a reflection of that.
luscar99 wrote: I expect a wave of buyouts and takeovers within the next couple of months.
BoC seem to be dead set on cutting rates despite persistent inflation.
Highly leveraged but solvent companies the likely targets.
MRT.UN, AX.UN, TNT.UN, CHR, TCL are on my radar.