Quote:
Originally Posted by CaptainCrunch
I expect that on Monday the Loonie and the TSX are going to absolutely melt down. Good pricing due to that is going to be an absolute nightmare, especially for food that we import from the States and elsewhere that are priced with the US dollar.
And yeah, if this goes longer then a few months, investment is going to really dry up.
We can all sit there and say, ok, survive the first blow and lets go to war, fine and I agree you have to establish that you're in the fight, but I'm worried about that second level of retaliation that Trump is hinting at.
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I think I'll have to liquidate all my Canadian holdings on Monday outside of my ESPP. Fortunately I have a good chunk in US holdings so the exchange rate will help but I'll probably start liquidating all my US shares as well. I'll have to find some safe places to park the money for the near term.