While we had some initial success in getting inflation down from the 8% range, we are now getting stuck in a zone that is much higher than the 2% “target”. I’d even suggest that rate hikes have had little to nothing to do with that inflation-fighting success. For higher rates to have a real impact, […]
Checking in on our U.S. stocks on the Sunday Reads.
Eight years ago, I bought 15 U.S. dividend growth stocks as a real-life portfolio demonstration. More than a demonstration, it was the total value of our U.S. holdings in our retirement accounts. The strategy was to create a more defensive and retirement-ready portfolio. The portfolio slants to quality, profitability and business moats. The 15 stocks […]
Big U.S. tech earnings to the rescue on the Sunday Reads.
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 […]