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 […]
The race to kill inflation, on the Sunday Reads.
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 […]