North American Financial 15 Split Corp T.FFN

CPI comes in cooler than expected,

[Splitfunding]

The CPI inflation report shows no increase at all from the previous month and is now down to 3.3% year over year, which is not too far off Canada's 2.7%. Stock futures are up significantly right now and could hit all-time highs.

Very unfortunate for all those who panic sold financials in haste yesterday, as we're likely to see a quick bounce back up on the positive news.

[mouserman]

Well , if i were to buy FFN today  , after selling  JUNE 11,  i would have a gain,,, not sure where you got your numbers from. But i have  a lot of time to buy for a distribution if the valuation looks good. CAD up a bit vs USD today, and at one point was over 73.10... has backed off since Powell and the FED did their lipflapping.... no cuts in the very near future , and  

[Splitfunding]

The FED took some of the shine off the CPi report yesterday, but today's PPI readings are even better. Month over month the reading came in at NEGATIVE 0.2% YoY Growth: 2.2% actual vs 2.5% expected (prev 2.2%) Core 2.3% actual vs 2.5% expected (prev 2.4%) MoM Growth: -0.2% actual vs 0.1% expected (prev 0.5%) Core 0.0% actual vs 0.3% expected (prev 0.5%) Question is are 3 cuts back on the

[mouserman]

So far CAD banks mostly all red, NA bouncing back a bit after the selloff yesterday, otherwise all red. US holdings not faring much better.. as only JPM bouncing back after selling off. Still on the fence about the banks.. CPI and inflation are the least of their troubles.  Underwater debts, are at the top of their liability list. Even a .25 % cut would not help most of those in trouble.