TSX:KEG.UN - Post by User
Comment by
logicandinertiaon Feb 18, 2022 10:52am
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Post# 34441794
RE:While tech gets cru-ushed...
RE:While tech gets cru-ushed...yup. seeing it everywhere. perceived safety with a good yield is well bid while speculative froth melts.
Dow Jones US Small cap value index underperformed Dow Jones US Small cap growth index from mid-2010 until late 2020, over a decade and year after year with no respite. While value has outperformed for 15 months, this only takes it back to March 2020 relative levels .
Cash is now generating a negative real return, and with the carnage in speculative growth/garbage, I only expect the bid for 6-8 percent dividend yield securities with low broader market correlation to persist for some time.
Things like KEG, Extendicare, Sienna, SmartCentres, Slate Grocery, etc., all have great charts and each yielding over 6%...