FormerXBC Inc XEBEQ

Final thoughts

[filoux004]

Final thoughts, after the 2008 crash it took 5 years to recapture markets ATH. On a brighter note, it took 2 years after the 1987 crash to recapture the ATH. Who knows, split the apple in the middle 3.5 years. What I do know is that mutual fund redemptions are in full swing and Cathy Wood will be remembered as just another shooting star. Peace Long XBC.

[tony08]

You can always make the numbers say what you want.   I remember very well the 2008 crash (caused by financial institutions in the U.S.).   Already in the spring of 2009 there was a multitude of good solid canadian companies that were at bargain prices. Already in the fall of 2009, Canadian banks had all recovered their losses from a year ago. Spring 2009 was the beginning of

[Gann999]

Good point Tony it's funny how people use 2008 as a scare tactic but fail to mention that 2008 would have been the best time to be buying.

[robert41]

I have to agree with filoux...I wouldn't compare the crash in 2008 to what is happening today and what has been happening for a year or so. This is a different beast and a much more complicated situation to stick handle. A lot of investors arent old enough to comprehend what happened in the past. Now throw in Russia Ukraine it's a mess. Rates will likely go higher than everyone expects

[tony08]

[tony08]

[/quote Sorry typo problem.... Robert if you read my post properly, I never said that 2008 situation wasthe same as today's situation, I precisely specified that in 2008 it was a financial crisis that came from the U.S. and that barely a year later the good Canadian companies did well. Finally I replied to the post of Filoux who spoke of "after the 2008 crash it took 5 years to

[robert41]

Fair enough I agree with you too... just saying any relation to todays issues and 2008 are a bit silly. I expect we won't see clarity on any of this for at least another year. I could be wrong I just feel the problems in the world are bigger than ever. 

[Gann999]

Even more silly is comparing 1980s to today. Interest rates are going up but it's 2022 not the 1980s.