Canadian stocks are cheap, or dirt cheap as one of my recent Sunday Reads offered. Pessimism and risk can create lower stock prices. Another post recently noticed that Canada was slipping. Our productivity is nowhere to be seen. We don’t appear to have a national growth strategy beyond (much needed) immigration and buying some battery […]
Should you run away from TC Energy and the pipelines?
TC Energy, formerly TransCanada Pipelines is a portfolio staple for many Canadians. It is a quasi utility with pipelines and energy production. And the company is and will participate in the green energy transition. The stock price took an additional hit when they announced an asset sale. TC Energy will also split into two – […]
The earnings roll in on the Sunday Reads.
There’s no bigger story these days than the earnings reports south of the border (where they keep most of the best companies on the planet) and in Canada. We can’t paint the earnings picture with one brush as many sectors are performing well, while others struggle. It is a tale of two economies as the […]
The performance of our U.S. stock portfolio. And building the portfolio in 2023.
I recently updated the performance of our U.S. stock portfolio on the Sunday Reads. You’ll find those details below, updated to the end of May 2024. We continue to outpace the returns of the S&P 500. I was also asked how I would build the U.S. stock portfolio in 2023, given the valuation issues for […]
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 […]
The markets keep chugging along on the Sunday Reads.
Stock markets in North America and around the world had a fantastic week. While a bit sticky, inflation is heading in the right direction in Canada and the U.S. The economies appear strong enough as the consumer and employment holds up. There is the hope that central bankers are at or near the end of […]