From the blog
Each week, our team publishes a blog and webcast.
Jesse's: January Newsletter to Clients
Jesse's: We’re Fighting the Fed
We’re Fighting the Fed
We’ve written before that stocks predict the future. However, the bond market has much better accuracy. On Wednesday, the U.S. Federal Reserve increased interest rates yet again in its effort to combat inflation. After this week’s 25 basis point hike, the Federal Funds Rate now ranges from 4.50% to 4.75%. Usually, however, the yield on […]
Jesse's: After this Stock with a 6.5% Dividend Yield Lost 8% in December, We Bought It
After this Stock with a 6.5% Dividend Yield Lost 8% in December, We Bought It
Someone once told me, “there’s more than one way to get to heaven.” Not looking to have a religious discussion, he meant that there are people who focus on the charts, others trade momentum stocks, and some prefer to buy great companies. That is not an exhaustive list, but it’s what makes a market: a […]
Jesse's: Banking on the Past & Why We Bought Canadian Western Bank
Banking on the Past & Why We Bought Canadian Western Bank
Investors that pay close attention to historical market trends note that the strategy to purchase the prior year’s worst-performing Canadian bank stock relative to its four domestic peers has accompanied an impressive track record of growth over time. (Note that we are only looking at RBC, TD, BMO, Scotia, and CIBC here). Consider the following […]
Jesse's: Statistically, It’s Rare to See 2 Consecutive “Down Years” in the Market (3 minutes)
Statistically, It’s Rare to See 2 Consecutive “Down Years” in the Market (3 minutes)
Many investors were eager to close the book on 2022. After all, the S&P 500 declined by 19.4%, its fourth worst year since the end of World War 2. In case you’re wondering, 2008 (-38.5%) was the worst, followed by 1974 (-29.7%), and 2002 (-23.4%). What will 2023 bring? Well, if history is a guide, […]
Jesse's: What We Offer Clients
Jesse's: December Newsletter to Clients
Jesse's: Western Copper is an Obvious Takeover Target (7 minutes)
Western Copper is an Obvious Takeover Target (7 minutes)
If you’ve owned Western Copper and Gold (WRN), it goes without saying that it’s an exciting stock to follow. We bought a position for clients in October (where suitable) and the stock is up about 25% since then. We like the company for three distinct reasons: good asset, good geography, and good management. Good Asset […]
Jesse's: Estee Lauder is a Beauty!
Estee Lauder is a Beauty!
We’ve followed Estee Lauder for several years, always wanting to own the stock but never able to find a good entry point. In early November, the company cut its outlook for 2023 due to China’s zero-COVID lockdowns, a stronger U.S. dollar, and tighter inventory management – all temporary macroeconomic problems that will eventually resolve. The […]
Jesse's: December is Historically a Strong Month for the Market (5 minutes)
December is Historically a Strong Month for the Market (5 minutes)
As Labour Day approached earlier this year, we wrote that September is historically the worst-performing month in the market. We expected volatility throughout the month and sure enough, that’s exactly what we received. Using that same data, December is historically a strong month for the stock market. Since the 1970s, the average return during December […]