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  "documentTitle": "Canadian Tire Corporation (CTC.A)",
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      "text": "We agree with Mr. Eisman's comments on the current credit conditions and believe the market has not paid enough attention to Canadian Tire's credit portfolio",
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      "text": "In August 2019, Steve Eisman, a portfolio manager best known for his short position against the U.S. credit market in 2008, publicly announced a short position in Canadian Tire.",
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      "text": "\"They have a fairly significant credit card portfolio, which – if I’m right about the credit in the Canadian banks – eventually those problems will show up in Canadian Tire’s credit card business.\" – Steve Eisman. \"As you know, Canadian Tire is a very significant retailer in Canada and I think the last two quarters they’ve had some real margin pressure... I think the reason for the margin pressure is they’re feeling the heat from Amazon.\" – Steve Eisman. \"It would seem to me with all the uncertainty out there, both in Canada and the world, this would be the last time in the world you should grow your commercial loan books double digits, but that’s what the banks are doing.\" – Steve Eisman. \"I find it puzzling and unexplainable.\" – Steve Eisman.",
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      "text": "Source: Steve Eisman BNN Bloomberg Interview, Neuberger Berman Bio",
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