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Bullboard - Stock Discussion Forum Royal Bank of Canada T.RY

Alternate Symbol(s):  RY | RBCPF | T.RY.PR.J | T.RY.PR.M | RBMCF | T.RY.PR.N | T.RY.PR.O | RYLBF | T.RY.PR.S

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations... see more

TSX:RY - Post Discussion

Royal Bank of Canada > Why We are the smartest and best people in the world
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Post by exprohibition18 on Dec 23, 2020 6:45pm

Why We are the smartest and best people in the world

We let our banks print 24/7 and that's why we get stock returns unlike any in history . It's why we are the wealthiest ever with the lowest volatility ever . Our sharpe ratio means we are literally all smarter than any investor from the 80s lol . We are the smartest people on earth . We are so rich . Because we let the banks do what is necessary : print ! Issue trillions and price that debt at sub 1% . Who cares if we run twin   deficits . Tell China we don't need them . We have our secret weapon ! The bank of Canada ! They will print for all of us ! No pain ever again !!  We are #1 !!!
Comment by bobismydad on Dec 29, 2020 10:33pm
Smart  money spent all of December selling, and RY was no xception--they knew the bills woulds be  comming   in  January https://youtu.be/VbVtLX5aTzY?t=34
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