TC Energy, formerly TransCanada Pipelines is a portfolio staple for many Canadians. It is a quasi utility with pipelines and energy production. And the company is and will participate in the green energy transition. The stock price took an additional hit when they announced an asset sale. TC Energy will also split into two – […]
The earnings roll in on the Sunday Reads.
There’s no bigger story these days than the earnings reports south of the border (where they keep most of the best companies on the planet) and in Canada. We can’t paint the earnings picture with one brush as many sectors are performing well, while others struggle. It is a tale of two economies as the […]
Canada is slipping on the Sunday Reads.
Canada’s standard of living is falling behind other advanced economies. We also have the lowest productivity of the developed nations. When you factor in population growth thanks to robust immigration, Canada has negative GDP growth per capita over the last decade and more. These might not be alarm bells ringing for investors, but it certainly […]
The performance of our U.S. stock portfolio. And building the portfolio in 2023.
I recently updated the performance of our U.S. stock portfolio on the Sunday Reads. You’ll find those details below, updated to the end of May 2024. We continue to outpace the returns of the S&P 500. I was also asked how I would build the U.S. stock portfolio in 2023, given the valuation issues for […]
The markets keep chugging along on the Sunday Reads.
Stock markets in North America and around the world had a fantastic week. While a bit sticky, inflation is heading in the right direction in Canada and the U.S. The economies appear strong enough as the consumer and employment holds up. There is the hope that central bankers are at or near the end of […]
The recession can wait, on the Sunday Reads.
It appears that employers and consumers did not get the recession memo. Employment is strong, and the Canadian consumer is spending at record levels. We have the same economic events playing out south of the border. The recession can wait. Perhaps we can revisit the recession talk and watch in the Fall or Winter. It’s […]