I don't really believe this.. But it does feel like a healthy correction here. The market was getting a bit nuts.. Increasing fear should set us up for the next bull leg.. And I bet when earnings hit in late July, we will have a massive catalyst again, when they are insane.
@duediligenceguy@DoombergT I wonder that too. In a recent interview Doomberg mentioned that it depends on the war. If Hormuz remains closed he thinks oil will go up a lot higher. But if the fighting ends soon, he thinks it will come "down in real terms" which implies it could still go higher nominally.
@deepvalueco@maxwellhouse99 It is kinda weird. You can also have a margin account, and you get the ability to borrow more in a margin account. the LOC limits the borrowing to try to help prevent you from facing a margin call..
Owning $HHIS.TO etf, with it's 26.58% yield, and assuming that you'll get that 26.58% a year forever with no decreases, seems insane to me. The distribution will decrease eventually.