Barry Schwartz

Our institutions and values are in jeopardy as the mores of the market pervade all social life in this country. Loyalty, honesty, courage, discipline, patriotism, and commitment to family are being crowded out by the goals and rules of economic rationality -- do whatever makes the most money.

CIBC had no choice. They are looking for growth and growth doesn'... by Barry Schwartz

CIBC had no choice. They are looking for growth and growth doesn't come cheap.

If you would have started this year off by buying yesterday's losers, the dogs of the TSX, the ones that got slammed and beaten up, you would have done OK.

The next leg up, if we're going to get one, is if we're out of the woods in terms of an industrial recession in the United States.

It's not the apocalypse, it's not doom and gloom, and if it's not doom and gloom you can come out of the bunker and the first thing you do is take a sigh of relief and then you want to make money.

The valuations are the cheapest they've been since the financial crisis, if oil has bottomed here, this is a gift from the gods. This is the time you should be selling your house to buy Canadian banks.

The stock market was sold off to an irrational level based upon no real fundamental news, value always surfaces.

No one wants to miss out on a rally after the TSX has dropped 11... by Barry Schwartz

No one wants to miss out on a rally after the TSX has dropped 11 percent in 2015.

It's hard to see a rival offer. It makes the most sense. by Barry Schwartz

It's hard to see a rival offer. It makes the most sense.

The only thing that makes people run out and buy resource names is thinking of the cash flow they'll produce when they get back to a level that is normal.

The sentiment is so god-awful negative. It is impossible for inve... by Barry Schwartz

The sentiment is so god-awful negative. It is impossible for investors to look past their nose.

This is a troubling time for all investors, making moves at this juncture is just going to cause more problems.

The only way to get out of this muck, out of this quicksand the market's in, is to have a few good days in a row.

The Canadian banks are the cheapest they've been since the financ... by Barry Schwartz

The Canadian banks are the cheapest they've been since the financial crisis.

I do think the last four trading days were an anomaly of fear and we're going to have a significant rebound in stocks, but I do think 2016 will be a challenging year.

The lessons that we learned this year is that commodities can be... by Barry Schwartz

The lessons that we learned this year is that commodities can be awfully nasty.

After you have a blowout day like you did yesterday and then you had eight days in a row prior to that of dropping, one has to wonder if it is a dead-cat bounce or one has to wonder if there is follow-through, and so I can understand the market being tentative today.

The cheer was heard all the way from Bay Street to St. Clair where I am, it's the regulators saying you're OK, you're not going to be covered under these new regulations that will force you to have more capital that will constrain your ability to grow.

I would not be surprised to see the Toronto market have some kind of bottom ... it certainly feels like it, and see a major move higher, but we need the banks to cooperate and the banks aren't cooperating today. That was a big shock to me, what National did, raising capital here.

We are in a low-growth, flat lined world and we've been that way for five years and the stock market climbed a giant amount, low interest rates are the best thing that can happen to competing assets to cash and fixed income.