August 19, 2020

Markets were mostly moderately lower on Wednesday with the S&P 500 down 0.4% and Toronto down 0.3%.

My next update will be for RioCan. Reading its (very detailed) Q2 report I was very impressed with this entity and its prospects. Sure, it has its struggles right now with lower property values and bad debts. But the yield is over 9% and management appears to believe that it can sustain the distribution. I have not yet completed the analysis but this appears to be a Buy to me. 

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