South of the border, the Fed raised rates by 0.50%. The hike was as expected. It was a step down from three consecutive 75 bps hikes. Canada has followed a similar rate trajectory in its battle to kill inflation. The markets initially cheered a favourable inflation reading (Tuesday) in the U.S. And then Fed chair […]
Rate hikes and how to prepare your portfolio for 2023 on the Sunday Reads.
In Canada, the headlines and airwaves were focused on the Bank of Canada and their rate hike decision. As you likely know, the BoC increased rates by 50 basis points or 0.50%. Many were expecting a 25 bps hike, but recent GDP growth put a nail in that coffin. In the U.S., good news was […]
It’s the big Canadian bank week on the Sunday Reads.
And I’m back on MoneySense, making sense of the week. The weekly column was led by the big Canadian banks who all reported this past week. Thanks to Dan from stocktrades.ca for helping with that analysis. Banks are showing to somewhat be a hedge in the rising rate environment. The banks benefit from favourable net […]
What the heck has been going on? The Sunday Reads.
I was back Making Sense of the Markets for MoneySense as Kyle is away on a wonderful family vacation. I offered a wrap on the inflation fight and the market reaction. Stock markets had a very strong week, but it was much ado about nothing. Central bankers confirmed plans that were already announced, but it […]
The core ETF portfolios have delivered over the last several years.
It’s easy to build a core ETF portfolio. And Cut The Crap Investing offers portfolio models available at various risk levels. By building an ETF portfolio you can hold a superior portfolio compared to actively managed mutual funds. You’ll also cut your fees by some 90% or more. Fees are an incredible drag on returns. […]
Sticky inflation and calm markets on the Sunday Reads.
Stocks were relatively flat for the week as the market makers weighed the potential of a Fed pivot vs the risk of a recession or at least, economic weakness. Fed officials keep reminding investors that they are serious about raising rates and keeping rates higher as long as is needed to tame inflation. Inflation is […]