Our weekend business panel discusses this week’s shakeup of Parliament, with Chrystia Freeland being sworn in as Canada’s new finance minister after the resignation of Bill Morneau. Plus, Canadian home prices rose in July, but not by much. And, despite the global pandemic, the S&P 500 reached record highs this week. Here is a direct video link.
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Cory’s Chart Corner
Sounds like he's saying big FAT sustainable dividends lie near the bottom. Yummy!
Paul Tudor Jones in an Interview with Patrick Oshaughnessy sums up and connects the valuation pieces of the overall market well:
“We’re 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%.
If you think about the periodicity of
