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DewDiligence

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DewDiligence

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Re: DewDiligence post# 7473

Friday, 09/06/2013 1:02:19 PM

Friday, September 06, 2013 1:02:19 PM

Post# of 30494
PCL is slowly but surely decoupling from day-to-day movements in bond interest rates, which is a sensible thing insofar as PCL is not a fixed-income investment. To the contrary, improving cash flow should support another dividend increase in the next year or so, IMO.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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