Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Engineering & Construction

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc > Why markets will keep going up in the next 12-18 months

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Post by Gabrielon Aug 30, 2024 11:20pm

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Post# 36203750

Why markets will keep going up in the next 12-18 months

https://finance.yahoo.com/news/heading-950-billion-cd-maturity-160100619.html

2.5 T of CDs will mature in the next 12-months. That is 5.6% of the valuation of the S&P500 companies of about 45 T as of today. At expiration, these CDs will likely either go into dividend stocks or be renewed short term for higher rates, so that amount will pile up, some of which will feed the markets.

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