Microbix Biosystems Inc T.MBX

BNN Bloomberg

[RazeKreations]

BNN Bloomberg states that the Tsx is 33% undervalued. While the Nasdaq 100 is 35% overvalued. Good time to invest in Canadian stocks Why does the TSX look so good? First, the fair market value of the TSX is positive, being 33 per cent higher than its current price. The NASDAQ 100, even after its setback, remains 35 per cent over-valued, while the S&P is about 10.8 per cent over-valued, although if I eliminate the FANGs from the S&P 500 weightings, the FMV potential of the S&P 500 is a modest but positive +0.2 per cent. I believe that there are still good value opportunities in that index. Second, the TSX is a commodity index, and during inflation and shortages, this is where one should be. Third, the pendulum swings between the U.S. and the Canadian stock markets in terms of the best place to be. After 12 years of underperformance, it is swinging back to Canada, as the country is far cheaper and less risky that the general U.S. markets. Going forward, Canada will remain an investment market and the U.S. a trading market. There will be lots of opportunities to play rebounds in the U.S. although you will need to be nimble which is the sort of information that our SVA service provides our clients.

[Zaphod]

Too bad there's so many junk stocks in Canada on the Alberta fraud exchange sorry venture. At least half the stocks listed on the Tsx and all of the tsx v are garbage. There's lots of good on the TSX but lots of junk and zero enforcement. Frauds  like breX goes on every day . There's mining companies that have been running 30 years without generating one penny of revenue