The U.S. economy and Canadian economy are heading in opposite directions. The same can be said for the U.S. and Europe as well. That massive divergence is also seen in stock market performance. I’ve long suggested that the U.S. is home to most of the best companies on earth. Canadian investors should hold ample U.S. […]
Beating the TSX on the Sunday Reads.
The first week of 2024 got off on the wrong foot for U.S. stocks. They slipped by 1.80%. North of the border the big Canadian dividend payers rose to the occasion delivering 1.5%. Given that, it might be fitting that I updated the Beat The TSX Portfolio post to include the returns for 2023. That […]
The 2023 investment year in review on the Sunday Reads.
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 […]
Guesswork don’t work on the Sunday Reads.
Happy holidays and happy Sunday. This week we’ll kick things off with two videos on the same theme. The economist and financial prognosticator industry is massive. Just turn on BNN Bloomberg, CNBC, or other. The problem is, they all get it wrong, just about all the time. Charlie Bilello brings that to life with the […]
Making sense of the markets and thoughts from the week.
This week I returned to my the column that I previously penned for MoneySense – Making Sense of the Markets. No I did not lose my senses and return to a regular gig, I am filling in for Kyle Prevost who has done a wonderful job after taking over the weekly task. I will also […]
Fidelity adds bitcoin to balanced portfolios on the Sunday Reads.
Bitcoin continues on the path to greater mainstream acceptance as a core portfolio asset. This week, Fidelity added modest bitcoin exposure to their all-in-one asset allocation ETFs. The bitcoin weighting is at 1%, 2% or 3% depending on the portfolio risk level. These ETFs might be a way to dip your toe into some bitcoin […]