The one award that sums up how to position portfolios for the next decade. Plus, why this week’s tech wreck is a bad omen for all investors

The one award that sums up how to position portfolios for the next decade.  Plus, why this week’s tech wreck is a bad omen for all investors

BofA Securities investment strategist Michael Hartnett attempted to provide all of the advice investors will need for the next decade in a single award in his weekly Flow Show report. To wit, “historic losses in government bonds reflect new secular reality but long-run returns from cash, commodities, small cap, value stocks only just beginning to … Read more

Stocks or bonds? Here’s where to park your money as recession fears ratchet up – National

Stocks or bonds?  Here’s where to park your money as recession fears ratchet up – National

Almost a quarter of Canadian investors said in a recent survey that they’re thinking of cashing out their stock investments after a rough year for the markets and rumblings of a possible recession. But experts are cautioning against rash decision-making in the heart of a downturn. Results from an online survey for price and rate … Read more

What the GIC critics get wrong

What the GIC critics get wrong

Even at rates of 4 to 5 per cent, GICs are disrespected. Not so much by investors. The consulting firm McVay and Associates says balances in guaranteed investment certificates in the banking sector in June were 18.1 per cent higher than the same period last year. It’s more advisers and market strategists who are finding … Read more

These market sectors are your best bets right now. More, why we may have reached peak GIC rates

These market sectors are your best bets right now.  More, why we may have reached peak GIC rates

BofA Securities US quantitative strategist Savita Subramanian has provided an in-depth look at which market sectors are attractively valued, a helpful guide for investors aiming to dodge potential potholes in their portfolios. The timing of this week’s report is excellent given that one of the market’s biggest supports – historically low interest rates – has … Read more

Why you may be kicking yourself in a few years if you pass up current GIC and bond yields

Why you may be kicking yourself in a few years if you pass up current GIC and bond yields

Good call if you’re waiting for interest rates to rise further before committing money to bonds or guaranteed investment certificates. Inflation has not yet been brought under control, which means interest rates must rise further than they already have. We may very well see bond yields rise along with the rates offered by GICs. Still, … Read more

Rising interest rates have brought back the 5 per cent GIC

What the GIC critics get wrong

We’ve hit a milestone in conservative investing – a 5 per cent return from guaranteed investment certificates. Oaken Financial, an online player in financials services, says it will offer 5 per cent for a five-year term starting Friday. The new rate for the one-year term seems a milestone as well: 4.05 per cent. Rising interest … Read more

Five super-obvious signs we were in a financial bubble. Plus, CIBC’s Benjamin Tal on what’s next for markets and inflation

Five super-obvious signs we were in a financial bubble.  Plus, CIBC’s Benjamin Tal on what’s next for markets and inflation

New York magazine published The Clues You Missed: 5 Super-Obvious Signs We Were in a Financial Bubble earlier this month and, even though it was written with a definitively tongue-in-cheek tone, it raises some interesting questions for Canadian investors. The first sign of an imminent bear market we missed, according to the column, was the … Read more