I was back at MoneySense for another week – making sense of the markets. So I had to pay attention to what the heck was going on. Big tech came up big in the U.S., moving the markets higher. And the more times you mentioned AI (artificial intelligence) in your earnings conference call, the greater […]
Making sense of it all, on the Sunday Reads.
It was quite the week, and I was back at MoneySense (filling in for Kyle Prevost) – Making Sense of the Markets. For MoneySense readers I reiterated my take (somewhat borrowed from my favourite economists and market analysts) that economic forces are in play, but we are moving in slow motion. Central bankers weigh killing […]
When the Fed hits the brakes, someone goes through the windshield. The Sunday Reads.
Last Sunday the headline suggested that banks were breaking in the U.S. And as J.P. Morgan chief economist Michael Feroli said this week: “There’s an old saying: Whenever the Fed hits the brakes, someone goes through the windshield.” There was more windshield hitting as the week progressed. And as was suggested in the Globe & […]
The Canadian banks report on the Sunday Reads.
This past week the big Canadian banks reported earnings. It was a solid reporting season for the big banks. Profits are still healthy, though the banks are preparing for potential economic weakness as they increase their emergency funds for the potential of bad loans. When money is moved for those loan loss provisions, that takes […]
Warren Buffett calls 2022 a good year for Berkshire on the Sunday Reads.
Many investors look forward to the annual letter from Warren Buffett. On Saturday, Berkshire Hathaway reported earnings and Mr. Buffett offered commentary and delivered his annual letter to shareholders. The company reported record operating profits and also beat the market handily in 2022. Fearing a recession in 2023, more investors put their trust (and money) […]
Canadian pipeline stocks in focus on the Sunday Reads.
Canadian investors love their pipeline and utility stocks. And mostly, they like the big (and mostly growing dividends). We might consider the stocks as bond proxies. And certainly some capital gains can come along for the ride. I have seen recent reports suggesting that the dividends are not safe in the pipeline space. There can […]