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

To: Goose94 who wrote (57536)	6/4/2019 7:55:06 AM
From: Goose94	Read Replies (1) \| Respond to of 202275

Canadian Banks: Renowned short-seller Steve Eisman laughed off his skeptics (saying bank bulls dismissed his thesis "incredibly dismissively") and doubled down on his argument in an interview yesterday afternoon on BNN.ca Saying his conviction has shot up to nine out of 10, he pointed to "exceptionally poor" earnings quality in the quarter than just wrapped up. Specifically, he has his eye on a downturn in commercial credit quality at CIBC. "You can't play these games forever," he said about what he views as earnings management by the banks. What he didn’t mention is some important disclosure by CIBC associated with the jump in impaired loans. We’ll discuss that and chase reaction BNN.ca