It was a wonderful quarter for U.S. stocks. In fact, the S&P 500 index rose 10.2% during the first three months of the year, its best first-quarter performance since 2019. The Dow Jones Industrial Average and the Nasdaq Composite gained 5.6% and 9.1%, respectively. Canadian and International stocks also pitched in with a strong quarter. […]
Canadian stocks are better than you think on the Sunday Reads
For all of the headwinds and bad press for the Canadian economy, you’d think that the stock market was in a tailspin. But surprisingly, that’s not the case. The TSX Composite and TSX 60 are threatening to make new highs, eh. That’s as U.S. stocks make new high after new high. Given that, balanced portfolios […]
U.S. stocks for the long run, on the Sunday Reads.
In the Sunday Reads we’ll take a look at a U.S. portfolio idea I put together for Seeking Alpha in mid 2023. The task was to avoid overvalued stocks including the Magnificent 7 that did most of the heavy lifting in 2023. Surprisingly, that portfolio has beat the market. I also take a look our […]
Beating the TSX on the Sunday Reads.
The first week of 2024 got off on the wrong foot for U.S. stocks. They slipped by 1.80%. North of the border the big Canadian dividend payers rose to the occasion delivering 1.5%. Given that, it might be fitting that I updated the Beat The TSX Portfolio post to include the returns for 2023. That […]
The 2023 investment year in review on the Sunday Reads.
Let’s just call 2023 the year most everyone got most everything wrong. Inflation is now under control and the higher rate environment did not cause a recession. We can thank banked pandemic savings, plus strong employment and wage gains for the resilient economy. Economists called for a recession in 2023. Market experts predicted negative to […]
Eight weeks and running on the Sunday Reads.
The S&P 500 on Friday advanced 0.75% for the week to close at 4,754.63 points, posting gains in four out of five sessions. The U.S. stock market extended its impressive bull run to eight straight weeks, its longest such streak since early November 2017. Following the Federal Reserve’s long-awaited dovish pivot last Wednesday, economic data over the […]