As we head into 2023, we at Veritas think the headwinds are getting stronger against the Canadian #banks. Let's look at a few data points in the next series of tweets.
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First, when the Big Six reported their Q4 results early in December, none except $RY saw a #recession coming in the next 12 months in their base case forward looking economic indicators. (RY estimated real GDP growth of negative 0.2%).
