On Friday, due to a sudden increase in deposit outflows and a failed attempt to raise equity, Silicon Valley Bank was shut down by US regulators. It’s called a bank run. Depositors literally “run” to the bank to take out their money. It might be a little faster these days in the digital age. How […]
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 […]
Defensive sectors for retirement.
Defense wins championships say many sports commentators. Defense can be a big winner for retirees as well. In fact, from the massive correction known as the financial crisis (2008-2009 and beyond) using defensive sectors was twice as effective as using bonds. Then, factor in the generous and growing dividends that Canadian retirees embrace, and we […]
Moving in slow motion on the Sunday Reads.
Moving in slow motion might be a fitting description for the success of central bankers in their attempt to cool economies and add more weight to the inflation fight. We might go as far to suggest that rate hikes have had almost no effect on inflation to date. Very robust and shocking employment gains in […]
Goldilocks says ‘hold the recession’ on the Sunday Reads.
The pending recession might turn out to be the most advertised and expected recession in history. It might be so expected that it doesn’t happen. Or perhaps the economic shifts are now happening in slow motion. We appear to be in a Goldilocks scenario with falling inflation and a consumer that refuses to cooperate with […]