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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (56928)	4/10/2019 7:13:51 AM
From: Goose94	Read Replies (1) \| Respond to of 202211

Canadian Banks: Steve Eisman has called out the chief executives of Canadian banks as “extremely ill-prepared” for what he sees as a simple normalization of credit, which he argues will lead to higher loan loss provisions that, in his mind, will “crush earnings.” He mapped out his short argument right here on BNN Bloomberg yesterday afternoon, rattled off his list of targets (RBC, CIBC, Laurentian, Genworth MI Canada and Home Capital); and, when pressed by Catherine Murray, said share prices could fall 20 per cent+. We’ll dissect his thesis and can’t wait for reaction in an upcoming interview with CIBC CEO Victor Dodig. BNN.ca