In a post on October 18th I had suggested that “it is certainly possible that the pessimism has jumped the shark. There may be incredible value in the energy sector for Canadian investors.” From that date the Canadian energy sector is up some 40%. Yes, like you, I’d like to jump in a time machine, […]
RioCan cut its dividend by 33%. What’s next for the REIT sector?
What a difference a pandemic makes. And what a difference a few months can make in the REIT sector. Just a few short months ago RioCan CEO Ed Sonshine promised that the distribution was rock solid. But on Friday of this week RioCan cut its dividend by some 33%. In May of 2020 Mr. Sonshine […]
The performance of the ETF model portfolios.
Today we’ll check in on the performance of the ETF model portfolios. 2020 has delivered the first modern day pandemic. The economy and the stock markets took a hit. US stock markets fell by 34% into March, Canadian markets fell by 37%, while International developed markets fell by 29%. All ‘drops’ are calculated by way […]
The Canadian comeback on Weekend Reads.
The Canadian economy and Canadian stock markets have taken it on the chin thanks to the pandemic. Canadian stocks have lagged US stocks. But some market prognosticators feel that better days and months are ahead for the Canadian economy and Canadian stock markets. While Canada is in the midst of a troubling COVID wave, we […]
An update on the Canadian Robo Advisors on Weekend Reads.
At the Globe and Mail Rob Carrick and his team did some research to provide a nice update on the Canadian Robo Advisors. Today we’ll have a look at that report and provide some of the key insights. I continue to believe that the Robo Advisors are the answer for the majority of Canadians who […]
The stock markets predicted the US election, on Weekend Reads.
What else could we write about? The news and stock market news and social media was just swamped with election fever and fervour. Yes the elections in the US stole the spotlight. There was not much light left for any other topic. And election predictions were everywhere. The predictions mostly got it right as they […]