Another disappointing day aheadOther than the shortfall of eps and continued increase in pcls numbers the fact that the RO estimate for 1-3 Q of increasing pcl provisions differs from the CEO estimate of 1-2 Q. The vast majority of questions were around why bmo is experienceing higher than pier group ratios and no clear response was given giving way to doubt whether the people in charge are in sync.
Expect another brutal day to present another buying opportunity ?