Canadians are not embracing passive low-cost ETFs and that’s just bananas offers Ian McGugan in the Globe & Mail. In the U.S., passive investing has surpassed inferior active investing (by fund managers), but in Canada not so much. The momentum is in the right direction but too many Canadian investors are still slipping up on […]
Will the U.S. and U.S. stocks save 2024? Plus, the Sunday Reads.
The U.S. economy and Canadian economy are heading in opposite directions. The same can be said for the U.S. and Europe as well. That massive divergence is also seen in stock market performance. I’ve long suggested that the U.S. is home to most of the best companies on earth. Canadian investors should hold ample U.S. […]
Beating the TSX on the Sunday Reads.
The first week of 2024 got off on the wrong foot for U.S. stocks. They slipped by 1.80%. North of the border the big Canadian dividend payers rose to the occasion delivering 1.5%. Given that, it might be fitting that I updated the Beat The TSX Portfolio post to include the returns for 2023. That […]
Guesswork don’t work on the Sunday Reads.
Happy holidays and happy Sunday. This week we’ll kick things off with two videos on the same theme. The economist and financial prognosticator industry is massive. Just turn on BNN Bloomberg, CNBC, or other. The problem is, they all get it wrong, just about all the time. Charlie Bilello brings that to life with the […]
Canada is winning the inflation fight on the Sunday Reads.
Inflation continues to move in the right direction. While we have a ways to go to get to the Bank of Canada’s 2% target, it is good news. We can thank lower energy costs for much of the heavy lifting in the inflation report from this past week. It’s possible that lower energy prices might […]
Stocks had their best week of the year on the Sunday Reads.
Stock markets in the U.S. cheered a rate pause and a weaker than expected jobs report. U.S. stocks had their best week of the year and of course, Canadian and international stocks played along. Equities notched sizable weekly gains as investors grew hopeful that the Federal Reserve’s rate-hiking campaign is over. The Dow was up […]