Dividend Growth Split Corp T.DGS

Realtime UNIT NAV for DGS @ approx: $ 15.30

[mouserman]

SO more nice gains for DGS and appears shorting here may be a dangerous play. 
Yesterday was not a deadcat bounce, and perhaps the markets are ignoring an impending recession, with  more interest ratehikes on the table, putting more pressure on the lower class consumers.
GOLD had a big bounce along with most  commodities , so that part of the market rebounding along with financials and tech. 
Overall today DGS up over 2.2% in UNIT NAV so far.

[navgod]

I am assuming you mean "lower income" or perhaps "working class".

[mouserman]

Yes , sorry i should have been more clear. I meant the  lower income class. They are the ones that will suffer the most from  the inflation we are seeing, combined with paying higher interest on debt.

[flamingogold]

Scotiabank has a brilliant marketing team behind them with "You're richer than you think" slogan. Rates have been declining for 40 years and bottomed during covid. Now, the truth behind that slogan will be unveilved over the next decade as real estate begins a lengthy correction and falls in value but the debt remains the same and gets harder to pay off. The rich own equity, the