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Compiling comments that experts make about stocks while on public TV.

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2013-02-22

General Comment by Jeff Young

Bias Subject Owned
BULLISH o n CDN DIVIDEND STOCKS CANADIAN DIVIDEND _N/A

Markets. Has been pretty low volatility on the way up since mid-November, so any time you have that for a month and a half, you are right for a correction. US Fed coming out with their minutes got people a little bit worried that they were going to tighten sooner than people had thought. Little things like that can set it back. The whole dividend space is more richly valued than it was a year or so ago but in this type of environment it makes sense. We have a slow uneven economic growth and low interest rates so people are attracted to companies that are paying dividends.

Jeff Young
Sr. VP & CIO, NexGen Financial

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