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 […]
Buying the big Canadian banks, plus the debt ceiling on the Sunday Reads.
The U.S. debt ceiling standoff stole most of the headlines the past week. And “this just in” as they say on the nightly news – the Democrats and Republicans have potentially reached a deal. The debt ceiling will be increased and there will be no U.S. default. Phew! Of course most knew how this game […]
Building the Canadian stock portfolio on the Sunday Reads.
It is so easy to build a simple but very effective Canadian stock portfolio. Canadian self-directed investors will often hold a few financials, telcos, utilities and pipelines. At times they will also (wisely) add some of the lower yielding stocks, including the railways and grocers. Other favourite picks are Alimentation Couche-Tard, Canadian Tire, Restaurants International […]
The rate hike hiatus continues in Canada, on the Sunday Reads.
It was an easy call, that The Bank of Canada would hold rates (again) and the rate hike hiatus was still in play in the Great White North. Though we did have a wonderful heatwave this week. Not so white, not so cold. We are in wait and see mode on the inflation-fighting front. The […]