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Bullboard - Stock Discussion Forum Dividend Growth Split Corp T.DGS

Alternate Symbol(s):  DDWWF | T.DGS.PR.A

The Funds investment objectives are to provide holders of Preferred shares with fixed, cumulative, preferential, quarterly cash distributions and to return the original issue price of 10.00 per Preferred share to shareholders at maturity; and to provide holders of Class A shares with regular monthly cash distributions, targeted to be at least 0.10 per Class A share, and the opportunity for... see more

TSX:DGS - Post Discussion

Dividend Growth Split Corp > FED is winning
View:
Post by flamingogold on Apr 04, 2023 4:04pm

FED is winning

This the the news the FED is looking for. Maybe one more hike and then they pause to join Canada and Australia.

Job openings tumbled below 10 million in February for the first time in nearly two years
Comment by mouserman on Apr 04, 2023 11:25pm
If recession was their aim, then YES the FED is winning. April 4 (Reuters) - Wall Street dropped on Tuesday after evidence of a cooling economy exacerbated worries that the Federal Reserve's campaign to rein in decades-high inflation may cause a deep downturn. The S&P 500 closed lower for the first time in a week as data showed U.S. job openings in February dropped to the lowest level ...more  
Comment by scarface9 on Apr 05, 2023 7:19am
Plus credit card debt is at an all time high. People are behind on their car payments at record levels and 67% report they are living paycheck to paycheck.
Comment by flamingogold on Apr 05, 2023 8:34am
All part of the plan. Powell warned of "pain" ahead, which is now beginning to make headlines. Today's payroll numbers was cooler than expected. Bad news is actually good news because it indicates the FED is winning and the rate tightening cycle could soon be nearing an end. The monkey's wrench is OPEC's surprise decision to cut oil output, the latter behind a positive for ...more  
Comment by mouserman on Apr 05, 2023 9:36am
Fed doesnt care about people.... And the FED is the defiinition of insanity. Making the same mistakes over and over and expecting a different outcome.
Comment by flamingogold on Apr 05, 2023 10:00am
When jobs were hot, the market sold off because they feared the FED would continue tightening. Now with jobs starting to show weakness, the market sees a recession. The headline news will always be slanted to a negative. I've done the charting and over a year on average the daily streaming ticker will be flashing red. Yet, look at the indices over time... UP. Fear creates opportunity. What ...more  
Comment by Bagobags on Apr 06, 2023 11:31am
Unfounded fear creates opportunities. Realized fear is a bloodbath for everyone. I hope you're right Flamingo, I don't like blood.
Comment by flamingogold on Apr 06, 2023 8:31pm
Bagobags, I'll tell you something, my two biggest equity gainers are ones I thought I was going to lose all my money on during covid... BBD and SRV.UN. My third best gain is DGS. It wasn't fun, but that's just how the market is. If it was so easy and painless to make money we'd all be multi-millionaires.