Aritzia 5 year plan - 15-17% sales CAGR, EPS growth above sales, international expansion - webcast starts at 1015am investors.aritzia.com/invest…

$VITL.UN way too cheap here if rates are done going up. Converts cleaned up, good liquidity, payout ratio trending towards 80%, story cleaned up with NA/ANZ focus and Healthscope saga over. New development coming in '29 that will add 0.04 to AFFO (9% increase)..

🇨🇦In Canada, the market odds of an October rate hike went from about 25% just a few days ago to 84% at present. What happened? Tiff Macklem said over the weekend at the IMF that the Bank of Canada will be increasing its inflation forecast. He also flagged a higher risk of broader inflation from oil prices, and noted the dual dynamic of higher oil prices + higher inflation and how that reduces the case for easing (recall Canada is a massive net exporter). Inflation data came out on Monday morning after his remarks. Core measures (trim + median) printed at 1.8% and 1.9%, respectively - both below target. Headline printed at 3.1% as gasoline was up 6.1% in the month. The highest headline has been this year was 3.2% in May (prior 3 months were 3.0%, 3.0%, and 2.8%). The number of items running >3% fell to 32% from 36%, a positive development. So even though the latest inflation print was fine, the market is still expecting a hike next week. It seems like Macklem is looking more towards forward looking data and fading backward looking data, but it still begs the question - does the BoC need to see actual evidence of broad-based inflation pressures from energy prices, or do elevated energy prices justify moving sooner rather than later? Macklem did note over the weekend that recent Iran developments were an escalation, and he did not sound too optimistic on the prospects of improvement in the near term.

But I thought Hyperliquid said it was over?

The $PFE q1 was the best quarter they’ve reported since COVID. New drugs driving sales, COVID drugs below. Long term outlook (post ‘28) way above street. thestreet.com/investing/stoc…

This stuff is very convoluted and obv looking at filings only tells a part of the story. My interpretation is Black Spruce owed $ to Rechnitz/Mayweather... when Mayweather sued Rechnitz - Black Spruce witheld payment in case it was determined that how that payment was to be shared (which was in dispute). I am using AI to help sort through this and understand - feel free to disagree but Black Spruce as plaintiff and motion 001 indicate they brought forward the motion, likely to absolve from future claims between Mayweather and Rechnitz.

New salt mine in Newfoundland first one in North America in 30 years bnnbloomberg.ca/video/shows/…

$GO.U CEO Josh Gotlib, apparently broke, sought to intimidate ex- partner Jona Rechnitz from collecting what was owed in private real estate and then taking his story public, which is now filed in a NY court. Keep in mind $HR.UN CEO Hofstedter is trying to pawn us to this guy.

The NY case against $GO.U #REIT CEO Josh Gotlib filed today is rather concerning. I am dismayed that such risks were not revealed by the $HR.UN's legal team in the disclosure. I do appreciate Jona Rechnitz for coming forward w/ such condemning revelations. Encourage all to read.

A reminder that Canadian jobs data is meaningless month to month 🇨🇦