U.S. President elect, Donald Trump, has strongly suggested that he’d like to acquire Canada as the 51st State. It is ridiculous, but he is dead serious. And to get the ‘deal’ done he will wage economic war against Canada. He’s ruled out a military invasion, for now (see below). Also, Canada is in a per-capita […]
Hello 2025 – Investing in the zero visibility age on the Sunday Reads.
While there are only two trading days left in 2024, it is clear that it is another year that fooled everyone. The year 2023 fooled economists and market prognosticators with U.S. stocks up over 26% in U.S. Dollars (and up more in Canadian Dollars). 2024 is shaping up as a carbon copy in performance and […]
Canadian banks’ mixed bag of earnings on the Sunday Reads.
It’s the Stanley Cup playoffs for Canadian investors. It was Canadian bank earnings week. The Canadian banks have been on a terrific run, playing catch up after underperforming the TSX Composite in 2022 and 2023. It was a mixed bag of returns this past week. Mostly, team Green (TD Bank) was in the red, while […]
The U.S. stock market has its best week of the year on the Sunday Reads.
You may have noticed that there was an election in the U.S. this past week. Donald Trump will be returning to the White House. As comedian Bill Maher joked, Americans never turn down seconds. The good news is, it was a convincing victory. There will be a peaceful transfer of power. Others will say, the […]
Canadian oil stocks slip, and a look at the Loonie on the Sunday Reads.
The world is awash in oil and gas. Lower energy costs are a big plus for the inflation fight allowing for additional rate cuts. That can provide a boost for the global economy and for stock and bond markets on the whole. But those lower oil and gas prices will suppress the the earnings and […]
iShares U.S. Quality Dividend ETF is crushing SCHD in 2024, on the Sunday Reads.
The Schwab U.S. Dividend Equity ETF (SCHD) is very popular with dividend and total return investors alike. The fund enjoyed a solid period of outperformance but has slipped in recent years, relative to the S&P 500. That’s no slight on SCHD as most everyone has underperformed the tech-heavy U.S. stock market. And as we enter the […]