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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: In layman's English, could you explain why SVB went under and whether it will cause any lasting damage to Cdn Banks...and are there any Cdn banks you would add to today? Thanks, great service.
Read Answer Asked by Curtis on March 13, 2023
Q: Hi Team,
So...first the crypto banks start to fall. Now SVB bank looks to be collapsing, I have heard due to the impact of rapidly increased interest rates. What happened here? Should we be worried about a domino effect here similar to 2008? (hope not!) I typically thought high rates are "good" for banks...to the point where the economy starts to come to a standstill that is. Thanks for the insight.

shane.
Read Answer Asked by Shane on March 10, 2023
Q: I own SLF, BNS, BAM, BN, and GSY in the Financial sector. I am overweight in this sector by 3.42% and thinking to sell BAM with a current equity weight of 0.32% and profit of 56.67%. Additionally selling SLF at a current equity weight of 3.65% and profit of 1.65%. I want to keep it BNS, BN, and GSY due to the decline and losses of -13%, 19%, and 41% when waiting for the recovery. What do you think about this plan. Thanks in advance for your comments.
Read Answer Asked by Hali on March 08, 2023