There is a growing chorus that the invasion of Ukraine will lead to a global recession. The economic destruction and inflation that is being unleashed is formidable. We have spiking oil prices. Oil spikes cause recessions. Throw in the fact that central banks have to increase rates (tighten) into an already slowing economy and the […]
The War on inflation on the Sunday Reads.
It is more than unfortunate that for two weeks running the top story in my MoneySense column is the invasion of Ukraine. Nothing is more important than the human suffering (of course). It is distressing and surreal. But given my ‘job’ I do address the economic and portfolio considerations. In this week’s post I address […]
There’s dividend energy on the Sunday Reads. The Ninepoint Energy Income Fund.
The energy sector has been the best-performing sector for well over a year now. In October of 2020 I suggested that readers give the energy sector another look, another chance perhaps. That suggestion was mostly based on the work of Eric Nuttall who runs the Ninepoint energy fund. From that October date the energy index […]
The invasion of Ukraine.
Even though we ‘knew’ this would happen, it still seems more than surreal that Russia would invade Ukraine. It was obvious that Russian President Putin was building an invasion army, not a political bargaining tool along the border of Ukraine. A few weeks ago I penned that the invasion of Ukraine was imminent. There is […]
Preparing for retirement, preparing for the next bear market on the Sunday Reads.
These are more than interesting weeks and months. We appear to be moving to the other side of the pandemic. But certainly the stock markets are not in the best of moods these days. I had suggested in early 2021 that the market makers might not like what they see when get a peak at […]
We’re not fighting inflation on the Sunday reads.
This past week was all about central bankers and their attempts take on inflation. Tiff Macklem and Jerome Powell were both in the spotlight as they made announcements and rate move decisions. With inflation at 30 year highs on both sides of the border, Macklem and Powell decided to do what they do best – […]