Last week on the Sunday Reads, the Fed pivot had turned into a divot. This week the markets continued to fall, pricing in more rate hikes and earnings headwinds and recession risk. The S&P 500 was down by 2.8% this week. The tech-heavy Nasdaq was down 3.8%. Canadian stocks were down 2.3%. Inflation continues to […]
Big Canadian banks, value stocks rule and the big Fed divot on the Sunday Reads.
It was an exciting week in the markets. Most of the big Canadian banks reported earnings, with mixed results. That said, the Canadian consumer and banks are holding up quite well considering the economic tremors that many feel. The earnings represent the state of the nation for the period ending June 30. Ongoing rate hikes […]
The Fed pivot turned into a divot.
It was a more than interesting week. Not much mattered until Jerome Powell (the U.S. Federal Reserve Chair) delivered comments on Friday. He came clean. Or at least he helped to reverse the delusion created by stock market enthusiasts that the Fed would ‘pivot’ and reverse course on the market-unfriendly series of rate hikes. Rates […]
Building the retirement stock portfolio on the Sunday Reads.
It was a long time in the making, but I recently finished and posted the stock portfolio for retirees, on Seeking Alpha. It uses an all-weather portfolio approach but only puts stocks to work. Stocks are arranged by sector to perform in certain economic environments. Stocks and REITs will have to step up to do […]
Stocks are the undisputed champion, on the Sunday Reads.
As I had offered in the wealth accumulation video, stocks and real estate are the undisputed heavyweight champs. And sure that is my personal bias or experience showing. In this Sunday Reads, the Findependence Hub offers up some interesting stats on stocks for offense and bonds for defense. This week, we also had some signs […]
From beaches and Buffett to Trump, on the Sunday Reads.
Normally when we think of beaches and Buffett our imaginations turn to Jimmy Buffett and Wasting Away Again in Margaritaville and searching for that lost shaker of salt. Today our (not frozen) concoction includes Warren Buffett and beaches, Trump books, the markets (stocks, inflation, recession) watch, retirement, dividend counting and more. From beaches to Buffett […]