RE:2021Shirtlessnomore wrote: Injection into markets with new tfsa contributions, covid disappearing, big ticket spending when people refinance mortgages, real estate prices going higher, lots of renovations, probably alot more travel (well even right now is a good time to travel according to our former finance minister), new business acquisitions and development. My guess is this is easily 20 before its 13. Time will tell
@shirtlessnomore- you are looking at things through rose colored glasses.
The macro picture does not agree with your positive vision. So much cheap money and so much margin buying will make for a disaster in the days ahead. The stock market is artificially held up.
Covid is not going away as quickly as you want to believe. Guaranteed no theatres, no live theatres, limited indoor dining, limited gym use, apparel stores closing, businesses will rethink their office leases, and most will have bigger presence on-line. 2021 will see big pressure on brick and mortar businesses. Air traffic will be more restricted in 2021. Forget cruises. Like I said, Covid is not going away quickly. The USA is a disaster now. It is real. Hospitals are filling up because it is real.
Landlords are offering discounts now. It is called competition and demand/ supply equations. Expect FFO's to be lower. Retail Reits are extremely risky now. Risk is ON. I see at least $14 before your $20 in 2021. There are plenty of stocks with 5% yield with less risk.