Each week, our team publishes a blog and webcast.
At the end of June, the Federal Reserve released the results of its annual stress test for the big U.S. banks. The exercise, which was introduced in 2011 following the 2008-2009 financial crisis, tests to see how the big banks’ balance sheets would fare in a hypothetical economic downturn. The results of the test dictate […]
DISCLAIMER: The opinions expressed in this publication are for general informational purposes only and are not intended to represent specific advice. The views reflected in this publication are subject to change at any time without notice. Every effort has been made to ensure that the material in this publication is accurate at the time of […]
In 2016, the scandal over fake accounts created by Wells Fargo employees shocked anyone who reads the newspaper. For years, the bank had a pristine reputation due to a very sizable investment from Berkshire Hathaway’s Warren Buffett and the fact they said it could survive without tapping into the Troubled Asset Relief Program during the […]
So far this year, capital markets activity has been abysmal. Corporate activity for deals over $25 million fell almost 50% compared to the year before in the first three months of this year. However, copper transaction volumes are up about 30%. Just last week, word that copper producer First Quantum was informally approached by Barrick […]
The “nifty fifty” was an informal group of stocks that traded at high valuations (over 50 times earnings in many cases, far above the historical market average of about 16 times) in the 1960s and early 1970s. The “nifty fifty” was responsible for strong market gains on the way up, only to provide disappointing underperformance […]
Yesterday, the Bank of Canada surprisingly hiked the overnight rate by 25 basis points (one basis point is one-hundredth of a percentage point) to 4.75%. Any time that happens, you can rest assured the Canadian banks will increase their prime rate for customers the same day. We expect renters living in condos (not subject to […]
About 23% of Canadians who do not currently own an investment property say they plan to buy one in the next 5 years. That’s according to a new Royal LePage survey published this week. During a television interview on BNN Bloomberg, the Royal LePage CEO said “I did it when I was younger”, which was […]
DISCLAIMER: The opinions expressed in this publication are for general informational purposes only and are not intended to represent specific advice. The views reflected in this publication are subject to change at any time without notice. Every effort has been made to ensure that the material in this publication is accurate at the time of […]
Several decades ago, a cybernetic assassin was teleported from 2029 to 1984. Its mission was to kill off a human. While The Terminator was classified as “science fiction” back then, perhaps it should be considered a “horror” film today. Investors always flock to something. Artificial intelligence (“AI”) is the latest theme to attract attention. Companies […]
Quarterly “earnings season” never fails to consume the full attention of investors. Because companies are required by law to publish financial results every three months, a Balance Sheet (showing assets and debt), Income Statement (showing revenues and expenses), and Statement of Cash Flow (sort of like an Income Statement that strips out a lot of […]
