South of the border the Fed ratcheted down the rate hikes, and offered a more modest 0.25% hike. Fed Chair Jerome Powell then offered a somewhat confusing or dismissive press conference. Powell had no problem waving his red cape to call out the stock market bulls. And show up they did. U.S. stocks were up […]
The Bank of Canada goes on a rate hike hiatus, on the Sunday Reads.
This week, the Bank of Canada boosted rates by another 0.25% and signalled that they will now pause and evaluate. I’ve been calling that the rate hike hiatus. As I touched on two weeks ago, inflation is moving in the right direction and the consumer is holding up quite well. It’s a Goldilocks scenario, for […]
Portfolio updates on the Sunday Reads.
I am still working through some of the portfolio updates. I will try to finish that off this week, including the retirement portfolio models. This week we can take a look at the Beat The TSX Portfolio, Wide Moat, energy dividends and model portfolios on Justin Bender’s blog. We also look to Vanguard’s VRIF and […]
Goldilocks says ‘hold the recession’ on the Sunday Reads.
The pending recession might turn out to be the most advertised and expected recession in history. It might be so expected that it doesn’t happen. Or perhaps the economic shifts are now happening in slow motion. We appear to be in a Goldilocks scenario with falling inflation and a consumer that refuses to cooperate with […]
Are dividend investors leading the charge? The Sunday Reads.
Where have all of the investors gone? It’s no surprise that “advised” Canadian mutual fund investors have been bailing on the wealth building thing. Most of them are sold high-fee funds and see little or no advice. They lose out on two counts. And in 2022 even ETF investors have largely bailed on buying growth […]
Rosey recession watch sets up the year of the balanced portfolio.
Here’s a very good post from David Rosenberg in the Globe & Mail. We know that the inverted yield curve has predicted 8 of the last 8 recessions. Yes, we are in the midst of the most drastic inverted yield curve(s). Mr. Rosenberg finds that the leading Conference Board Confidence Indicator is even better at […]