You enter one ticker symbol, you press buy and instantly you own the stock markets around the world. U.S. markets, Canadian, European, plus the stock markets of the far east and Australasia, plus those of emerging markets. You own a global portfolio with diversification that is hard to beat. The global portfolio is then managed […]
Investing in Canadian banks on the Sunday Reads
For Canadian investors there’s nothing more interesting or perhaps important than the banking sector. The Canadian banks have historically crushed the Canadian and U.S. stock markets. It is likely the best performing large cap sub sector in North American stock market history. Of course, past performance does not guarantee future returns. When investing in the […]
Canadian banks, pipelines, gold and more on the Sunday Reads.
We’re in one of those weird (but good) stages when just about everything is working. Across the board stocks are delivering. Bonds are back, meaning the balanced portfolio is back, and at all-time highs. Gold is also setting new highs. In fact it’s all kind of ‘goldilocksy’ these days. Inflation is behaving as we prepare […]
Canadian stocks are on a win streak, on the Sunday Reads.
Canadian stocks posted a 3.33% gain for the week. It was the second consecutive week of solid gains after the near panic on Monday August 5th. U.S. stocks were up 4% while international stocks were up 3.5%. It was a week of fireworks and champagne cork popping for equities. It’s OK to celebrate, especially if […]
A crazy week to forget on the Sunday Reads.
In last week’s Sunday Reads we looked at the projected rate cut path in Canada, and the recent stock market weakness. That weakness and jitters turned into a panic on Monday. But go figure, the stock markets then recovered nicely throughout the week. U.S. stocks ended up where they were a week ago. As I […]
The path of rate cuts, plus bonds ‘spike’ on the Sunday Reads.
In the Sunday Reads we’ll look at the expected path to rate cuts in Canada. The most aggressive estimates have the Bank of Canada down to 2.75% in 2025. We’re currently at 4.5%. There is also the likelihood of rate cuts in the U.S. in 2024 due to some softer economic reports this past week. […]