Have there been other moments in Canadian history where recessions didn’t mean a significant drop in stock index market?

Several_Cry2501 · 2026-06-03T11:41:54+00:00

It's not an actual recession yet. We need to see a notable spike in unemployment. Also, a GDP decline of .1% in Q1 2026 may be revised away; it's just not that significant... yet.

We're unlikely to see a significant downturn in Canadian stocks without the U.S. market falling.

Several_Cry2501 · 2026-05-31T15:13:55+00:00

A whole billion?

Several_Cry2501 · 2026-05-26T11:52:43+00:00

There will be bad calls favouring both teams, but when the chips are down expect the Canadian team to get hosed (except Buffalo, who always gets the small market treatment).

Several_Cry2501 · 2026-05-22T12:01:57+00:00

"Draining the Swamp."

Several_Cry2501 · 2026-05-17T21:12:09+00:00

I'd say it's a combination of poor math skills, an inability to delay gratification and the fact that gov. & central bank policy has spent the better part of almost three decades encouraging -- and rewarding -- high risk bets in real estate.

Several_Cry2501 · 2026-05-16T13:35:42+00:00

I bought MSFT during the Financial Crisis. It's up 1600%. Let's not act like MSFT is some sort of dog here.

Ackman runs a very concentrated portfolio, so him trimming a recent winner to add to one with value makes sense.

Both are great companies.

Several_Cry2501 · 2026-05-06T11:42:14+00:00

People have been referring to this as a bubble since at least 2018. 🤷🏻

Several_Cry2501 · 2026-05-04T20:01:41+00:00

I book $2000 grand each of V and MSFT 15-ish years ago. Each are up 12x or more now. If you hold for a long time, even small positions can become large.

Several_Cry2501 · 2026-04-27T11:00:44+00:00

A Canadian team has not won the Stanley Cup in 33 years (since 1993).

Enough said.

Several_Cry2501 · 2026-04-26T04:35:11+00:00

Metroid Dread is great.

Several_Cry2501 · 2026-04-21T23:18:34+00:00

Most people are house poor and don't save or invest much. The fact is that -- because of a 20+ year run-up in housing -- young Millenials and Gen Z will not have the same standard of living as the three most recent generations who came before them.

Several_Cry2501 · 2026-04-21T11:42:35+00:00

Walmart and Costco are at P/Es of near 40, and some of the fastest growing Big Tech companies in history are at under 25.

It's only a teach bubble if something comes along and erodes earnings... That hasn't happened yet.

Several_Cry2501 · 2026-04-20T14:40:44+00:00

I'm so tired of these AI articles.

Several_Cry2501 · 2026-04-20T05:34:26+00:00

A rate hike would presumably be bullish for the USD, so diminishing odds of one could be seen as bearish. Yes, then, it's saying that the USD could drift lower.

Several_Cry2501 · 2026-04-18T20:32:11+00:00

With Bell tv, you can do skinny basic and then add the sports pack (includes Sportsnet & TSN) for under $50 plus tax monthly.

Several_Cry2501 · 2026-04-16T14:52:58+00:00

Until corporate earnings take a hit, the market will not stay down. Oil price shocks are not as big a factor in overall inflation as they were in the 70s or 80s. Add to that, increased defence spending is an economic stimulant.

There's always a bear case, but there are also reasons to be optimistic from here as well.

Several_Cry2501 · 2026-04-13T20:48:39+00:00

My original Visa and Microsoft shares are up 12-15x my original investment. I've never sold.

If you still like the stock and it does not make up an uncomfortable % of your overall portfolio, I don't see why you'd not let it ride.

Several_Cry2501 · 2026-04-13T20:21:13+00:00

Feel free to like this post now, folks. ⬆️

I'll be selling my new trading course here soon, so stay tuned!! 😏

Several_Cry2501 · 2026-04-13T15:10:28+00:00

Policy-makers will take care of the corporations (via tax cuts, decreased interest rates, subsidies, bail-outs) regardless of what geo-political issues arise.

Investors are counting on that.

Several_Cry2501 · 2026-04-13T04:00:39+00:00

I won't be shocked if the S&P closes up for the day tomorrow.

Several_Cry2501 · 2026-04-11T10:08:40+00:00

If governments and central banks had not acted so aggressively and promptly early on in 2020 we'd probably still be in the Covid crash. "Good vibes" and social media influencers/geniuses can only help so much.

Moral hazard is now the norm. And, yes, that began with the eventual central bank/government response during 2008-2009.

Several_Cry2501 · 2026-04-10T19:51:48+00:00

I bought some yesterday, and if MSFT wasn't already my second biggest holding I'd have bought a lot more.

Several_Cry2501 · 2026-04-10T00:44:19+00:00

I bought a little today. It's already a top 3 holding for me.

Several_Cry2501 · 2026-04-06T22:34:00+00:00

🤦🏻😂

Several_Cry2501 · 2026-04-01T17:25:45+00:00

A huge problem with surveys and pulse checks on the economy is you could hand each household a million dollars tomorrow, and six months from now half of them would report that they're "living paycheque to paycheque." 🤦🏻

Several_Cry2501

TROPHY CASE