This week I returned to my the column that I previously penned for MoneySense – Making Sense of the Markets. No I did not lose my senses and return to a regular gig, I am filling in for Kyle Prevost who has done a wonderful job after taking over the weekly task. I will also […]
Bond bulls, stock bears and energy dividends on the Sunday Reads.
It was a crazy week in the markets. South of the border the Fed took the stage and ‘shocked’ the markets (actually the move was leaked) with a 75 basis point rate hike. The markets initially liked the big move. Finally, the Fed will get serious about inflation. But then market makers changed their mind […]
Recession or stagflation?
Many economists and market experts are suggesting that the outcome for 2022 and into 2023 might be that we experience a recession or stagflation. That’s not a good choice we might think. And of the tw0 ‘options’, we might prefer a recession. A recession might do enough to quell inflation. And we do have to […]
Stock markets are back from the dead on the Sunday Reads.
After several weeks of losses, U.S. stocks staged an impressive rally this week. The S&P 500 was up over 6% for the week. Canadian stocks were up near 2.5%, though Canadian stocks have not suffered in 2022. They are relatively flat year-to-date. Investors were looking to signs that inflation may have peaked and that central […]
Are we there yet? Plus, the Sunday Reads.
This past week, U.S. stocks (S&P 500) were within a whisker of entering an official bear market. That bear market definition is a decline of 20% or more. But on Friday, the market got off the mat, dusted itself off and offered a one-day relief rally. The S&P 500 was up 2.8% while the tech-heavy […]
Building the energy dividend portfolio.
When it comes to sectors, energy is the most useful inflation fighter. In fact it is the only sector that has delivered positive real returns across every inflationary period, looking back some 100 years of stock market history. Energy stocks also delivered incredible returns during the stagflationary period of the 1970’s and into the early […]