BMO

JeemRat

There is unlikely to be a reckoning when Canada’s banking system underpinning the whole market is one of the strongest in the world. If you are waiting for a Lehman moment with RBC or BMO you’ll be waiting a while. Don’t confuse a few distressed recent buyers with the whole market.

Weary-View-1515

Nah. Auto delinquencies are on the rise and repos. Going to see I giant surplus end of next year. Especially as all the tech workers sell their $40,000 dodge chargers back to pay for their student loans. New cars will be sitting on the lot for a million years… especially since auto-loan rejections have gone up 20%. BMO just said they are getting out of the auto loan game.

robis87

💯. Take this - made my whole capital in crypto and went 180° to being conservative af last 1.5y. It's all about preserving the capital rn for me. Dang even becoming paranoid - thinking if there's any chance IB/BMO rugs my bills if they go under lmao

Emergency-Bus-998

Well, if it means anything, I heard this guy, Brian Belski, Chief Investment Strategist at BMO say the other day, he believes the S & P may reach 5050 in Q4

JeemRat

The underlying cause of 2008 was bank failures. This sent huge ripples through the financial markets. Oil prices were a sidebar issue. If you are waiting for a Lehman moment with RBC or BMO, you’ll be waiting a while. Good luck.

LeBourruBienfaisant

>-20% of my portfolio in bank stocks like BMO and scotia as they are discounted right now due to high interest rates and deal a good dividend. Divest out of in 5-10 years. >-20% in gold mining companies like kinross, torex and barrick >-15% in riskier stocks like the cannabis sector. >-20% in fusion tech related stocks like cenovus, google and chevron Something tells me that this is not the result of "Sticking within your own circle of competence", isn't it? Do you know how to properly read the balance sheet of a bank and determine how much their assets are actually worth? Why is Barrick not making any money while the gold price is close to a historical ath? Why wouldn't you look at iron ore miners instead as demand for iron ore has significantly slowed down due to macroeconomic factors?

Emergency-Bus-998

So I have been wanting to ask someone this over the past couple of days. Little bout me: just started to invest 'properly'. Put some funds into: CIBC 1. An individual stock in the Japanese financial sector 2. VBAL WS 3. A couple managed accounts 4. 1 self managed account only with the ticker: SPY I'm about to put my monthly contribution in each account. However, I saw something the other day that was interesting. A video of Brian Belski: Brian Belski Brian, Chief Investment Strategist and leader of the Investment Strategy Group, BMO He is saying the S&P 500 has a good chance of surging to 5050 in Q4 So instead of spreading the next month or so of contributions into each of the other accounts, is it a good idea to throw it all at my S&P 500 accounts only. Or do you believe that news is fake?

bam2350

In April (4/10) I bought a tiny amount of KRE, a regional bank ETF. I did this on "gut instinct" -- people were panicing about regionals and I could only hear, "Get greedy when others are scared." With the dip I thought regionals were taking, I thought an ETF focused on them would be poised to score. Of course, it was my own money, so I too was scared and didn't really get greedy. I only made a small investment/gamble. I added to my BMO position at the same time. It hasn't done as well as the KRE.

GR33DYSTOCKS

No one is talking about it, but $1.4 Trillion is due by the end of 2023 for loans on CRE. You'd think that the writer of these loans are larger banks like JPMorgan, BMO, etc, but they aren't. It's regional banks largely financing these loans and extending them hoping to see a return. I don't think they'll get it and once this materlizes, we're going to see another massive banking crisis that manifests into a CMBS crisis. This kind of crisis will trigger a massive sell off from institutions in all sectors.

daenerbogson

General consensus is to short the 5 Canadian banks that hold all the loans that will be defaulted on in event of RE collapse. TD RY BMO and BNS

LeMondain

Here are 4 top Canadian REIT ETFs: * ZRE - BMO Equal Weight REIT ETF * XRE - iShares S&P TSX Capped REIT Index ETF * RIT - The CI First Asset Canadian REIT ETF * VRE - Vanguard FTSE Canadian Capped REIT ETF Good luck though.

jonovate

BMO Alto is 4.85% and is backed by a big bank.

pupsterk9

Canadian can get longer fixed terms than 5 years. Just for instance, BMO advertises on its website 7 and 10 year fixed rates at 7% and 7.49%, respectively.

integra32327

I’m sure there may be better picks, maybe. But BMO fit in nice with my top 5 so as to diversify in financials. I will say that I think BMO has some nice growth vectors moving forward. In addition, it’s a stock you buy and don’t have to do much work to maintain. Easily a stock to buy now and hold for 10 years.

RainbowCrown71

BMO with dividends has averaged +6% gain each year for the past 5. Not bad, but there are so many more lucrative picks imo. Not to add with Canada’s creeping economic problems, it’s gone down for a reason.

Hifi-Cat

BMO, interesting.

CanuckExpat890

BMO 👍 Although, right now even GIC rates are around the dividend rate for BMO. You lose out on the stock growth side, but you go on par with the dividend side. Locking into a 5.0-6.0% GIC right now for as long a term you can get is not a bad idea. Just put my wife’s money into a 5.09% GIC for five years. She doesn’t like any risk, so this was right inline with her investing. If they get the rates under control and they come down she does well. If they go up anymore then she’s somewhere around inflation, so still not terrible for her.

integra32327

BMO has a proven track record of paying a reliable increasing dividend. In addition, they seem to be focusing and creating there own little niche when it comes to wealth management which separates itself from the other Canadian banks. Not to mention, it’s on sale right now

moutonbleu

Why BMO?

Mr830BedTime

My dad set up an RESP for me starting 2011 and had 100% of it in BMO. I think it paid for most of my education.

jusjones314

If BMO and BNS report meh earnings, all banks go down a bit, right? Seems they're all up about 1% right now...

Alt_Rock_Dude

Calls on BMO. 🤓

AveryLee213

I admit the fear mongering really messed me up back in 2002. There I was, 7 years old, just learned my times tables, in the best shape of my life, holding my mommy's hand and walking to my local BMO branch, ready to put the $50,000 I had from my tooth fairy money into a downpayment. I had the world by the balls. I felt like nothing could stop me. But then I heard that a crash was incoming. I'm not ashamed to admit I literally shat my pants. I told my mommy we needed to go back home and wait for market conditions to stabilise. Biggest mistake of my life. I wasted the next 2 decades going to school and working, when I could've been buying real estate.

someonesaymoney

Price Target Raised (Updated) $NVDA: Rosenblatt to $1,100 from $800 (Street High) $NVDA: HSBC to $800 from $780 $NVDA: Baird to $750 from $570 $NVDA: Bernstein to $675 from $475 $NVDA: KeyBanc to $670 from $620 $NVDA: BofA Securities to $650 from $550 $NVDA: Barclays to $650 from $600 $NVDA: Oppenheimer to $650 from $500 $NVDA: Wolfe Research to $630 from $570 $NVDA: Citi to $630 from $520 $NVDA: Morgan Stanley to $630 from $500 $NVDA: Piper Sandler to $620 from $500 $NVDA: Jefferies to $610 from $500 $NVDA: Goldman Sachs to $605 from $495 $NVDA: Evercore ISI to $600 from $550 $NVDA: Raymond James to $600 from $500 $NVDA: BMO Capital to $600 from $550 $NVDA: TD Cowen to $600 from $500 $NVDA: Wells Fargo to $600 from $500 $NVDA: Wedbush to $600 from $490 $NVDA: JPMorgan to $600 from $500 $NVDA: Mizuho Securities to $590 from $530 $NVDA: Deutsche Bank to $560 from $440 $NVDA: UBS to $560 from $540 Just a fad, hmm dumb bears? :)

Affectionate-Idea690

BMO raises Nvidia's target price to $600 from $550.

Dampish10

CAD Banks, they are so reliant on each other and so heavily regulated its unlikrly to happen. But because of thid they are seen as insanely 'safe' investments (BMO, TD, CM, NA, BNS, RY)

davidafuller7

The only problem with this is earnings releases are BMO/AMC and stops don’t work after hours. And if you get stopped out on market open, many times it bounces in a relief rally and both your positions get screwed over.

TrueNorthCoin

I am a 5 star gold member trader at BMO 😁

TrueNorthCoin

Does IKBR allow option writing? I am currently using BMO but they are expensive for day trading, thinking of switching

spartan-wrath

So these are the 4 best etf reits in Canada maybe long term puts on them. But likely it will keep growing, and your puts die a miserable death. BMO Equal Weight REIT ETF (TSX:ZRE) iShares S&P TSX Capped REIT Index ETF (TSX:XRE) The CI First Asset Canadian REIT ETF (TSX:RIT) Vanguard FTSE Canadian Capped REIT ETF (TSX:VRE)

leoyvr

The study estimates that at some point during the crisis, three of Canada’s banks—CIBC, BMO, and Scotiabank—were completely under water, with government support exceeding the market value of the bank. See full report https://policyalternatives.ca/newsroom/updates/study-reveals-secret-canadian-bank-bailout#:~:text=Throughout%20the%202008%2D2010%20financial,our%20banks%20needed%20no%20bailout.

TrueNorthCoin

How is IKBR? I am using BMO, and Quest, never tried IKBR

PlugPowerBull

ER tomorrow BMO, moron.

Investingwifey

Every brokerage I have uses Face ID except BMO they still want me to enter my pw 🫠

Puffin_fan

Into the inboxes of Paribas, Credit Lyonaise, Nordbank, Swedbank, HSBC, Barclay's, Chase Manhattan, Wells Fargo, Bank of New York Mellon, TD, and BMO.

baddabaddabing

Watch out for Auxly, could be next. BMO loan is due End of September.

lostharbor

Treasuries/CDs/mmfs/Western Alliance Bank/BMO

GimbalLocks

There was plenty of it. BMO upgraded NVDA’s price target from $285 to $425 in 2020. It’s pretty funny if you go back to those articles and read the comments though, and how similar they are to ones in here. You could copy and paste some of the drivel about banks maliciously pumping up a stock to dump it on hapless retail investors and they would get double digit upvotes in this thread lol

jon_reremy9669

>The earnings repor came out on thursday BMO it dropped like 20% that day

animositisomina35

2023 Year End S&P 500 forecasts from 12/31/22: Deutsche Bank 4500 Oppenheimer 4400 BMO 4300 JPMorgan 4200 Jefferies 4200 Wells 4200 Evercore 4150 RBC 4100 Credit Suisse 4050 Goldman Sachs 4000 HSBC 4000 Citi 4000 BofA 4000 UBS 3900 Morgan Stanley 3900 Barclays 3725 SocGen 3650 BNP Paribas 3400 These analysts all need to be replaced by AI.

hctedford

SOFI, PayPal, Synchrony Bank, PNC, Cit Bank, BMO Alto.

animositisomina35

CPI Estimates for tomorrow: BLOOMBERG 3% CITI 3% HSBC 3% UBS 3% NOMURA 3% GOLDMAN SACHS 3.1% BMO 3.1% BARCLAYS 3.1% CIBC 3.1% CREDIT SUISSE 3.1% GURGAVIN CAPITAL 3.1% MORGAN STANLEY 3.1% SCOTIABANK 3.1% TD SECURTIES 3.1% JP MORGAN 3.2% RBC 3.2% VISA 3.2% CLEVELAND FED NOW 3.2% MEDIAN 3.1% CPI JUNE 2022 9.1%

AJAYALAY

my banks BMO, i actually had to go to the bank and had an 30min discussion. the lengths i went to still lose money like you guys =)

No-Statistic1an

25% of capital gain taxes. I use BMO investorline, Disnat and Wealthsimple

TOOLisNuMetal

Actually the 500 is headed for a crash - I reckon it'll be down to 400 at most. Don't trust the BMO guy - he does NOT know how to gut a fish. Sell, I'm telling you, sell. ***I have Warren Buffett on the phone right now - I can hear him breathing and occasionally coughing.*** I have already filled my Tesla with the bare essentials for survival (caviar, cocktail set, rare fish collection and my most valuable monkey NFTs) and am just waiting for Elon's apocalypse announcement, when he tells us mortals the Earth is doomed and it's time to get our asses to Mars. Of course, in the very same announcement, he will give us Tesla owners the secret code to turn our luxury cars into spaceworthy rocketships autopiloted straight to the big red ball. This is giga insider knowledge I am sharing with you lowly Redditors, BE GRATEFUL. THIS IS IT, JUDGEMENT DAY. Typing this from under my Tesla's driver seat, the windows sealed shut, the air supply running out as I slowly lose my mind breathing recycled oxygen and CO2.

TOOLisNuMetal

Actually the 500 is headed for a crash - I reckon it'll be down to 400 at most. Don't trust the BMO guy - he does NOT know how to gut a fish. Sell, I'm telling you, sell. # ***I have Warren Buffett on the phone right now - I can hear him breathing and occasionally coughing.*** I have already filled my Tesla with the bare essentials for survival (caviar, cocktail set, rare fish collection and my most valuable monkey NFTs) and am just waiting for Elon's apocalypse announcement, when he tells us mortals the Earth is doomed and it's time to get our asses to Mars. Of course, in the very same announcement, he will give us Tesla owners the secret code to turn our luxury cars into spaceworthy rocketships autopiloted straight to the big red ball. This is giga insider knowledge I am sharing with you lowly Redditors, BE GRATEFUL. THIS IS IT, JUDGEMENT DAY. Typing this from under my Tesla's driver seat, the windows sealed shut, the air supply running out as I slowly lose my mind breathing recycled oxygen and CO2.

TrueNorthCoin

I use BMO and before I tried TD and Quest trade as well

VictoriaSlim

BMO InvestorLine self service. Hi commission fees but good interface, great knowledgeable customer services and high level of freedom. They seem to get a good deal on market prices compared to the bid ask spreads. It just sucks doing $100 side bets and being down 10-15% as soon as you buy.

NewWorld8544

I agree. Questrade was a fairly new broker at the time, although they're the biggest independent in Canada AFAIK, nowadays. I think they just screwed up, someone was asleep at the switch, so they went to court to collect and the margin agreement went their way. They do all use 30% in practice, RBC, BMO, TD, IBKR Canada, the independents. Technically it's 50% unless the stock falls under the exceptions, but the exceptions are bigger than the rule. The exceptions are: 1. If it's a U.S. stock and it has listed options, it's 30%. 2. If it's Canadian and it's on the LSERM (list of securities eligible for reduced margin), which is about 2/3 of what's on the stock market, it's 30%. If it's not U.S. and it's not Canadian, then it's marginable at 50% IF and only if it's on a recognized index (such as the FTSE, the DAX, the Nikkei 225, etc.), otherwise it's 100% (i.e., not marginable). https://www.interactivebrokers.ca/en/index.php?f=202&p=overview#:\~:text=It%20has%20clear%20rules%20regarding%20margin%20trading.%20In,listed%20on%20the%20LSERM%20list%20published%20by%20IIROC%29. For short selling it's generally 30% but RBC requires 50% for shorts, for some reason, so they do differ. We don't get portfolio margin, though. The self-regulator did a pilot project on it a few years ago but that went nowhere so no portfolio margin for retail investors. We have pretty generous basic margin though. We don't get 3 days to meet a margin call. I once got 2 hours from BMO. Yes they can and will sometimes raise the margin requirement without notice. Canadian brokers will raise the margin requirement in periods of high volatility. BMO was the underwriter for a lot of the pot stocks during the pot stock craze in Canada about 5 years ago when Justin Trudeau's government got legislation through Parliament legalizing personal use possession. People went crazy buying these stocks up until the day Parliament actually legalized pot and then the pot stocks crashed LOL. Margin is industry-regulated in Canada, so if the self-regulator says to raise the margin requirement, the banks/independents follow suit. But the banks/independents can raise margin of their own accord. BMO and the other on-line brokers raised the margin rate to 100% on the pot stocks during the craze. GME was raised to 100% as well for quite a while although it's now 30%. Air Canada went from 30% to 50% during Covid-19. So it does happen. Canada has liberalized retail trading a lot though. I can remember 15 years ago when you had to pass a "suitability check" every time you made a stock trade. At one point the broker would actually call you and discuss it with you. Later on they did it automatically. About 7 years ago they got rid of it entirely. I hear you about the U.S. T-bills. IBKR gives you all the U.S. government T-Bills but not the Canadian ones, which is a bummer for me anyway. The Canadian brokers are good, but IBKR's platform blows the basic Canadian bank brokers platforms out of the water. The banks offer more advanced trading platforms if you trade a lot or want to pay for a better platform (depending on the broker) but TWS is still by far the best from a technological standpoint IMHO. So it's great to have a top-notch U.S. broker shaking things up in this snowy, smoky realm. Appreciate your comments. Have a wonderful 4th of July!

private_liberty

Buy a Canadian bank like RY, TD or BMO…

Iprefernottosay

Why is BMO in there?

Grouchy-Engine1584

Well, for starters this list contains BMO, a Canadian Bank, which means it essentially has 0 chance of failure.

Jeff-Amzn

OP is so dumb he shorted RBC, the only bank that is government protected. I could see shorting BMO, TD, CIBC....these banks dont have the same reputation as RBC.... But RBC is the only Canadian bank with a AAA credit rating and is the bank most of canadas global economy and trades flow through. thats how dumb OP is. imagine canada lettings golden goose go under in replacement of some lower tiered inexperienced bank. this whole post is written in delusion

aqua_pi

I don't think you will have much luck with RBC / TD praying for a catalyst. Maybe CIBC / BMO / Scotia. BTW Canadian mortgages are max 5 years, so it's very difficult for it to be as bad as USA 2008 RBC performed better than Chase in 2008.. so idk

teacherJoe416

>At least one of the major Canadian banks (RBC, CIBC, TD, BMO) will fail and like a falling house of cards will bring down other banks with them. > >The CMHC, the govt housing corp that's supposed to insure mortgages will run out of cash within 6 months. > > I'm shorting RBC. ​ As of June 19 RBC market cap is **174.328B** CAD As of June 16 RBC market cap is **132.65B** USD RemindMe! 3 years

Hutz_Lionel

More people should know that the Canadian banks were underwater in 2008 and were bailed out badly in secrecy. Came out in 2012: > "At some point during the crisis, three of Canada's banks — CIBC, BMO, and Scotiabank — were completely under water, with government support exceeding the market value of the company," Macdonald said. https://www.cbc.ca/news/business/banks-got-114b-from-governments-during-recession-1.1145997 Not as strong as you’d think..

Mawahari

Lmao no, no they won’t. No large canadian banks will fail, they simply can’t. Also BMO’s code is 001, they were the first bank ever in canada, they’re incredibly ingrained in every part of the government’s finances and structure that it would equate to our government failing as well.

Excellent_Cause9533

Good choice to short. BMO will likely be one of the first banks to fail!

Hacking_the_Gibson

That is the exact problem. BMO is the only large bank that would even consider it and their counter was basically 1/3rd of what I requested (which my original request would have only taken the LTV to about 50%). The loan officer said that my collateral was insufficient and my income was as well (~$400,000 in 2022 AGI). The banks are impairing real estate like crazy right now, especially on the investment side.

animositisomina35

2023 S&P 500 forecasts from 12/31/22: Deutsche Bank 4500 Oppenheimer 4400 BMO 4300 JPMorgan 4200 Jefferies 4200 Wells 4200 Evercore 4150 RBC 4100 Credit Suisse 4050 Goldman Sachs 4000 HSBC 4000 Citi 4000 BofA 4000 UBS 3900 Morgan Stanley 3900 Barclays 3725 SocGen 3650 BNP Paribas 3400

357050

BMO

cutiesarustimes2

FOMC RATE HIKE ESTIMATES FOR TOMORROW 25 BPS HIKE ⬇️ CITI CREDIT SUISSE TD VISA NO RATE HIKE ⬇️ BARCLAYS BMO BLOOMBERG CIBC GOLDMAN SACHS JP MORGAN MORGAN STANLEY NOMURA RBC SCOTIABANK WELLS FARGO Per twitter.

animositisomina35

CPI Estimates for tomorrow: MS: 4% JPM: 4.2% BAC: 4.1% NMR: 4.1% BMO: 4.1% JEFFERIES: 4% HSBC: 4.1% CREDIT AGRICOLE: 4% BERENBERG: 4.3% SOCIETE GENERALE: 4.1% TD SECURITIES: 4% STANDARD CHARTERED: 4.3% BARCLAYS: 4% SCOTIABANK: 4.3% WFC: 4% CS: 4% Consensus is 4.1% Cleveland Fed [Nowcast](https://www.clevelandfed.org/en/indicators-and-data/inflation-nowcasting) is 4.13%

animositisomina35

CPI Estimates for tomorrow: MS: 4% JPM: 4.2% BAC: 4.1% NMR: 4.1% BMO: 4.1% JEFFERIES: 4% HSBC: 4.1% CREDIT AGRICOLE: 4% BERENBERG: 4.3% SOCIETE GENERALE: 4.1% TD SECURITIES: 4% STANDARD CHARTERED: 4.3% BARCLAYS: 4% SCOTIABANK: 4.3% WFC: 4% CS: 4% Consensus is 4.1% Cleveland Fed [Nowcast](https://www.clevelandfed.org/en/indicators-and-data/inflation-nowcasting) is 4.13%

givemeyourbiscuitplz

It depends in which country. Not in Canada. Their website is the worst compared to BMO and iShare. Having said that I'm also buying some of my ETFs from them.

Malamonga1

Do realize that each economist/strategist has a perspective, so if you only listen to a few, you're getting a biased view of the data. And because the data is so mixed and prone to revisions right now, one can cherry pick the data to fit whatever narrative they want. I listen to multiple perspectives, and even I myself have a bias preference. For economics data, I like moody inside econ podcast > JPM Global Data Pod > BMO macro horizon > Claudia Sahm stay at home macro For market call, I like BofA CIO Market update audiocast > Morgan Stanley Caron's corner Pick whichever fits your schedule or interest. If you don't have time, I'd start with Moody podcast. He's pretty balanced but leans toward soft landing camp. I'm not aware of any service for sentiment analysis. I'd imagine it's pretty hard, and econ data interpretation is pretty nuanced, but I'm sure someone out there's making money doing it, although Idk if I could trust their work.

Malamonga1

every big bank has a weekly podcast or market commentary. Podcast : JPM Global data pod, BMO macro horizon, RBC Macro minutes/market in motion, Goldman sachs exchanges Website : BofA CIO Market update audiocast, Morgan Stanley Caron's corner, Claudia Sahm Stay at home Macro, wells fargo advisors weekly market commentary, UBS house view daily, deutsch bank weekly investment outlook In addition, I also follow economists on twitter. They often post their analysis as econ data gets released. These are some: Jason Furman, Gregory Daco, Diane Swonk, Nick Timiraos, mark Zandi, Bob Elliot, Claudia Sahm, mike Konczal, Paul Krugman, Betsey Stevenson, Justin Wolfers, Liz Ann Sonders, kathy Jones

ThiccThighSurprise

On vacations everyone else looks at the scenery and attractions etc I get excited when I look at skyscrapers with names of companies on them “Omg look! It’s First Republic!!!” 5 min later “BMO stadium? Is that Bank of Montreal? Weird since this is LA.” They all just laugh as they literally can’t relate

r2002

Some research dump. Royal Bank: * One of the two largest banks by asset. * 2/3 Canadian, 1/3 US market. * "Generates some of the best returns for shareholders in the industry." * A major player in global capital markets. * "**The bank has one of the larger exposures to the Canadian housing market**" BMO: * "Compared with its peers, BMO has a lower exposure to the Canadian housing market." Toronto-Dominion * One of the top two banks. * #2 in business banking. * 12% ownership in Charles Schwab. * Major discount brokerage player. * #1 credit card player. * One of the most rate sensitive. ~~Bank of Nova Scotia~~: * "over 40% from international operations (primarily Latin America, namely Mexico, Peru, and Chile)" ~~Canadian Imperial~~: * "CIBC has not historically been one of the safer, premier Canadian banking franchises"

LooseLikeCreamedCorn

Canadian retail is truly cucked, BMO investor line wants like 10$ a contract, questrade wants 11$ a contract, interactive broker won't let me trade options because muhh too dangerous. Is my only option really fucking wealth simple 

nononononofin

BMO - like the other 5 Canadian banks - just can’t fail. The government won’t allow it. It might get absorbed by another Canadian bank, but I don’t see a future without BMO. Curious why you think BMO is going down and not any of the other major Canadian banks (TD, BNS, RBC, CIBC, NB)

L33n1xu5

I'll throw you a nugget. ZION is fine. WAL and PACW are not. Here's a bonus nobody knows about. BMO is also not ok. Never forget Canada exists.

Auth3nticRory

NA and EQB I think have the most upside for Canadian Banks, followed by BMO

Monimute

RBC, TD, BNS, CIBC, BMO are the traditional bucket of major Canadian banks. If you have to pick one, go with RBC.

patrickswayzemullet

yea BMO, TD, and RBC where do you think are they going? Lol.

Jo__Tang

They use fund codes like mutual funds. So, all you need to do is find one that you like and enter the Fund Code into the Self-Directed system. For example, BMO Financial Group offers one that has a fund code JHN16898. So, you would enter JHN16898.

animositisomina35

NVDA price targets adjustments: JP Morgan $500 From $250 Barclays $500 From $275 Deutsche Bank $390 From $220 BMO Capital $450 From $350 KeyBanc $500 From $375 Evercore ISI $500 From $320 Bernstein $475 from $300 Jefferies $472 From $300 Piper Sandler $440 From $300

ShroomGrown

Since banks have been performing so well lately, I think I'll buy some BMO shares for earnings tomorrow

Tribebro

OP is dead wrong this guy comes on neck flapping at all and brings it. He’s been right far more than he’s been wrong. Plus he taught Trump in school. Siegel is legit. I actually listen when he comes on. Not like that Brain guy from BMO they always bring on who always has a SPY target of 7800982728292

Blondie9000

Rookies. BMO offered me a 10,000$ loan. I decided to not pay it back because I call the shots. Free money, baby.

NiceGiraffes

The whole point is OP assumed BMO is American because it is on a US stock exchange (NYSE also Toronto Stock Exchange). Assuming BMO is an American bank is something I would expect to see on WSB. 1) Canada's regulations and requirements are different than US. 2) BMO has a diverse mix of depositors (customers) many have account balances above the government guarantee/insurance threshold. 3) BMO is an investment bank and has different requirements than regular retail checking accounts. Not all "uninsured depositors" are clueless welfare queens - they are holding 500k CAD or more and are interest bearing investment vehicles to park cash between transactions. OP's question is about those uninsured deposits and the US FDIC regulations that don't apply to banks and accounts and depositors outside of the US. Also Canadian banks are currently flush with cash (or so it appears on paper).

thirty2skadoo

Let’s assume for a second BMO is American - would OPs question be legitimate or is there any other underlying reason for the question being redundant? The original poster who called OP ignorant seems to insinuate there’s more to it.

L33n1xu5

BMO Go

az226

I’m pretty sure BMO has a US subsidiary which is supposed subject to FDIC coverage.

NiceGiraffes

To start: what country is BMO headquartered in?