It is a strange event. The market makers want to see a weak-enough economy so that the Bank of Canada can cut rates. And the stock market rallies on that bad economic news. Bad news is good news. All said, it does make sense. The rate hikes have taken a toll on the consumer and […]
Canadian banks step up to the plate on the Sunday Reads.
TD Bank, the bank of the Blue Jays, was fittingly hitting lead off this Canadian bank earnings season. The Blue Jays are off to one of their worst starts in a decade. TD beat estimates for earnings and revenues. Did TD hit it out of the park? The rest of the Canadian banks step up […]
Dividend investing in Canada, the thrill is gone. Plus the Sunday Reads.
Canadians love their dividends. A few decades of outperformance will do that to ya. Big dividend investing in Canada provided superior results thanks to real growth in a few sectors, namely financials and telcos and pipelines. But the thrill is gone say many. Telco has hit a wall and the big banks might be strained […]
Pipeline stocks and utilities are moving again on the Sunday Reads.
This defensive sector has seen better days, but thanks to increased demand, the prospect of rate cuts and the surprising benefit of AI (Artificial Intelligence), the utilities sector is on fire. In the U.S., utilities is the top performing sector in 2024. And we’ll include the Canadian pipelines as quasi utilities as they often include […]
Berkshire and Warren Buffett on the Sunday Reads.
Berkshire Hathaway is led by the greatest investor of all time – Warren Buffett. This weekend offered the Superbowl of investing events, the Berkshire Hathaway annual meeting. Shareholders (many multi, multi millionaires) and worshippers flock to Omaha, Nebraska to take in the musings of the Oracle of Omaha. It’s Woodstock for capitalists with Berkshire and […]
How much do you need to invest to become a millionaire?
There was a time when becoming a millionaire was a big deal. That meant that you were “rich”. These days, becoming a millionaire might be commonplace for an investor with modest or reasonable free cash flow to invest. Most of us should become “rich”. But of course, a million dollars ain’t what it used to […]