My latest article for Seeking Alpha shows that Warren Buffett and the team at Berkshire Hathaway is back to beating the market in a significant way. I have long suggested that retirees consider Berkshire as a holding. It is the largest position in my wife’s accounts. And maybe the stock belongs in most every account […]
Rates are on hold as China sinks on the Sunday Reads.
Last week I reported on the negative quarter of GDP growth for Canada. I also suggested that the Bank of Canada would hold rates. That was an easy call you might say, and as expected the overnight rate was held at 5%. That’s a slight sigh of relief perhaps for mortgage holders. But the bond […]
The recession watch and more bank earnings on the Sunday Reads.
The past week offered more Canadian bank earnings. As expected we saw more softness, but the banks are hanging in there. I’ve updated last week’s Sunday Reads to include the recent earnings reports. And the big news of the week might have been the unexpected second quarter of negative growth for the Canadian economy. Is […]
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 […]
Was inflation transitory? Plus, the Sunday Reads.
Inflation is coming down in Canada and the U.S. And one can argue that the rate hikes have had little effect. After all, Canadians and Americans are spending money, and employment is strong. The economy has been very resilient. Perhaps inflation was transitory after all, caused by the pandemic and the invasion of Ukraine. This […]
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 […]