Category Archives: 10-year Targets

Since December 24, 2018, the Toronto Stock Exchange has increased by exactly the same amount as the Dow Jones Industrial Average.  This is no small feat as the expectation is that a real estate bust is coming for the Canadian economy and Canadian banks are set to decline dramatically further as a result.

So far, the Toronto Stock Exchange is indicating that it is at a relative high compared to the period of 1996 to 2019.  Based on a hypothetical dividend growth rate of 10%, The Toronto Stock Exchange has the following Altimeter and undervalued/overvalued ranges: Continue reading →