Let’s just call 2023 the year most everyone got most everything wrong. Inflation is now under control and the higher rate environment did not cause a recession. We can thank banked pandemic savings, plus strong employment and wage gains for the resilient economy. Economists called for a recession in 2023. Market experts predicted negative to […]
Following up a November to remember on the Sunday Reads.
Stock market returns in November delighted investors. While we don’t know what we will get, there is hope that the broadening rally (including more stocks and sectors) will give it some legs into December and 2024. Bonds and other assets classes are also pitching in – the everything rally they call it. As I’ve offered […]
Bears sound smart. Bulls make money on the Sunday Reads.
Today’s headline is borrowed from a Tweet that you’ll find later in this post. That notion is so bang on and perhaps summarizes what has been going on for a year or three, and well, forever. The investors and portfolio managers that have been scared off by the risks have been treated to some level […]
The waiting is the hardest part, and the most profitable times for investors.
Investors are starting to notice that their portfolios have been treading water for a couple of years. Over the last two years, a global balanced growth portfolio would essentially be flat. Of course, move out to 3 year, 5 year and 10 year time horizons and we have very solid to generous returns. At times […]
Was inflation transitory? Plus, the Sunday Reads.
Inflation is coming down in Canada and the U.S. And one can argue that the rate hikes have had little effect. After all, Canadians and Americans are spending money, and employment is strong. The economy has been very resilient. Perhaps inflation was transitory after all, caused by the pandemic and the invasion of Ukraine. This […]
Canadian stocks are dirt cheap on The Sunday Reads.
In the Sunday Reads we look at the dirt cheap Canadian stocks, building an ETF portfolio vs an all-in-one asset allocation ETFs and more. The markets are leaning towards more rate hikes in Canada and south of the border. And when it comes to advisors, most Canadians should choose ditch vs switch. Why not hold […]