Even today’s high inflation is no match for these dividend growth stocks

Even today’s high inflation is no match for these dividend growth stocks

An investor’s best answer to inflation is a dividend stock that raises its payouts by amounts that match or beat the rising cost of living. There are plenty of stocks that meet this criteria in the Canadian market, and some of them can be bought at marked-down prices. To find examples, I dug into my … Read more

Analysts May Have Overhyped America’s Largest Oil Basin

Analysts May Have Overhyped America’s Largest Oil Basin

Current forecasts of US crude oil production growth may have to be significantly revised as the recent slide in active drilling rigs in the top shale basin, the Permian, suggests that output may disappoint due to supply chain constraints and cost inflation in the double digits. The rig count in the Permian Basin dropped by … Read more

Canada’s economic growth lags expectations, but unlikely to determine another big BoC rate hike

Canada’s economic growth lags expectations, but unlikely to determine another big BoC rate hike

Canada’s economic growth wasn’t as strong as expected in the second quarter and appears to have decelerated in July, signs that rising interest rates are cooling economic activity sooner than many forecasters anticipated. Softening growth, however, is unlikely to determine the Bank of Canada from another oversized interest rate hike when it makes its monetary-policy … Read more

US consumer price inflation surprises to downside in July

US consumer price inflation surprises to downside in July

The numbers: The US consumer price index was unchanged in July, the Labor Department said Wednesday, compared with the 1.3% gain in the prior month. Economists polled by The Wall Street Journal had estimated a 0.2% advance in July. The rate of inflation in the 12 months ended in July retired to 8.5% from a … Read more

Canada’s economy is slowing quickly as inflation, rising rates take hold

Canada’s economy is slowing quickly as inflation, rising rates take hold

A multi-family development under construction in Vancouver on May 13.DARRYL DYCK/The Globe and Mail The Canadian economy posted robust growth in the second quarter, but there are mounting signs of a slowdown as consumers grapple with sky-high inflation and rising interest rates. Real gross domestic product stalled in May, which was better than the initial … Read more

The e-commerce boom is fizzling out

The e-commerce boom is fizzling out

The pandemic was supposed to permanently change how people shop. At least, that’s how many retailers felt during the early stages of COVID-19, when consumers were largely stuck at home and bought more goods online. E-commerce adoption would rapidly accelerate and then continue to grow from there. That’s not how things are playing out. As … Read more

Why this money manager has the confidence to recommend investors ‘stay calm’

Why this money manager has the confidence to recommend investors ‘stay calm’

John Zechner.The Globe and Mail John Zechner has seen his share of market downturns in his nearly 40 years managing money. It’s that experience that gives him the confidence to recommend investors “stay calm” during the latest market rout – and start buying if they have the stomach for more volatility. “We’ve seen buying opportunities … Read more

Typical mortgage payment to climb more than 50%: BMO economist

Typical mortgage payment to climb more than 50%: BMO economist

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow Scotiabank energy analyst Jason Bouvier previewed earnings for the sector and reiterated his top picks. “We continue to expect the valuation gap between Canadian and US E&Ps to narrow over the next couple of years as Canadian egress [transport to … Read more

Sentiment in housing market ‘crumbling’: BMO economist

Sentiment in housing market ‘crumbling’: BMO economist

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow BofA Securities US quantitative strategist Savita Subramanian finds “lots of reasons to be concerned” about the upcoming earnings season. “All of the macro barometers we track that tend to lead earnings results are pointing to a miss – a falling … Read more

David Rosenberg: Housing is set for a monstrous fall-off and the Bank of Canada is underestimating the economic risks

David Rosenberg: Housing is set for a monstrous fall-off and the Bank of Canada is underestimating the economic risks

As the Bank of Canada continues tightening monetary policy in the coming months, the Canadian economy will have to confront the reality that its unsustainable household debt load will act as a constraint on economic growth. And this will be at a time when the housing sector, which had been boosted by investor speculation throughout … Read more