Each week, our team publishes a blog and webcast.
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
Before the end of this calendar year, our firm will have looked at each client’s non-registered account to minimize a future tax bill. If a non-registered account has recorded realized capital gains at any point during 2022, there will be tax consequences next spring. To offset these taxes, we always consider selling securities with unrealized […]
Before the end of this calendar year, our firm will have looked at each client’s non-registered account to minimize a future tax bill. If a non-registered account has recorded realized capital gains at any point during 2022, there will be tax consequences next spring. To offset these taxes, we always consider selling securities with unrealized […]
