Bullboard - Stock Discussion Forum Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): CLSPF | T.LFE.PR.B

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the... see more

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Canadian Life Companies Split Corp > Rate cuts soon may not be a given

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Post by Donwaan on Apr 08, 2024 1:00pm

Rate cuts soon may not be a given

Persistent inflationary pressures driven by fiscal deficits and military conflict may lead to U.S. interest rates of 8% or even more, JPMorgan Chase & Co. CEO Jamie Dimon warned on Monday. https://www.marketwatch.com/story/interest-rates-could-hit-8-or-more-and-wars-are-creating-outsize-geopolitical-risks-jamie-dimon-warns-499def25?mod=home-page

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Comment by mouserman on Apr 10, 2024 11:12am

Second time JPM ceo has warned.... and not long ago he took profits from his JPM holding , which is a big red flag. Peopel are buying into the govt lies that everything will be fine. Market propped up because of an election year. jmho tho

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Canadian Life Companies Split Corp