The U.S. stock market is likely about to offer a rare event, three consecutive years of double digit returns. That hat trick has occurred 9 times over the last 90 years. U.S. stocks offered a 31% return in 2019, in 2020 they kicked off the decade with an 18% return. We are currently over 25% […]
Canadian stocks are looking rosy, says Rosey, on the Sunday Reads.
Canadian economist David Rosenberg is known as a ‘permabear’. Meaning that he is usually predicting a market decline or recession. Of course the old joke is that economists have predicted eight of the last two recessions. That said, Rosenberg (Rosey) and a select few economists and portfolio managers did predict the last two major stock […]
The Canadian banks are looking to pay you more on the Sunday Reads.
The big Canadian banks and other financials finally got the go-ahead from OSFI. They are now allowed to increase dividends and buy back shares. Those are two major moves that return value to shareholders. Of course, paying down debt and investing in future growth projects are in the mix when companies have free cashflow. The […]
Earnings season gives stocks a lift on the Sunday Reads.
You might be watching NFL football this Sunday, but just as exciting was the kick off to earnings season south of the border. U.S. stocks had been stumbling and fumbling in recent months, but stocks are now running again thanks to putting some impressive numbers on the board. It was hit after hit. Yes, I’ve […]
How to protect against inflation.
It is probably the greatest (and potentially dangerous) misconception in the investing landscape, that stocks protect you from inflation. That’s simply not true. While stocks have a long term history of besting inflation, they can fail in many periods, short and extended. Stock markets do not always work as an inflation hedge. And Vanguard suggests […]
The big Canadian banks go big on the Sunday Reads.
The big Canadian banks reported quarterly earnings this week, and they mostly did not disappoint. Thanks to the reopening of provinces and fewer COVID restrictions we are making some progress on the economic front and many see less risk in the banking sector. The banks are removing monies from their rainy day funds. Those amounts […]