Stocks rallied sharply in July after bottoming in June and the big question for investors is whether a bigger move higher or a lower-than-June bottom is ahead. In Was That the Bottom?US institutional portfolio manager Ben Carlson frames the discussion as a legal courtroom battle. The case for the bulls – that June was at … Read more
What are we looking for? Sustainable Canadian dividends bolstered by the high-flying US dollar. The screen We’ve long recommended that Canadian investors have some 20 per cent to 30 per cent of their portfolios in US stocks. That’s for the quality of top US stocks, especially in the consumer and manufacturing sectors. Still, it’s also … Read more
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow Scotiabank real estate analyst Mario Saric provided something of a game plan for REIT investors, “Our Current NAVPU [net asset value per unit] estimates are saying ‘buy, buy, buy’, while Corporate BBB yields are saying proceed with caution. Bottom-line, we … Read more
In My First Stock, we talk to Canadians about the first stock they owned and how the experience shaped how they invest today. Shawn Matthews, semi-retired security analyst and do-it-yourself investor from Waterloo, Ont. First stock: Royal Bank of Canada My father opened a joint investment account with me in the 1990s, when I was … Read more
Young Canadians who have maxed out their tax free savings account (TFSA) might wonder where they should put their savings next. The registered retirement savings plan (RRSP) is often the suggested next move – but when is the right time to start contributing and claiming the deductions? An RRSP is a tax-deferral account, which generally … Read more
Hydro One Ltd. is on a tear.Darren Calabrese/The Canadian Press The conventional wisdom is that when interest rates go up, utility stocks go down, but with the Bank of Canada continuing an aggressive tightening campaign – one that is expected to produce a jumbo hike on Wednesday – there’s a twist to the narrative. Unlike … Read more
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow BMO chief strategist Brian Belski recommends stocks with strong dividend growth, cash flow growth and profit growth at a reasonable price (GARP) to offset market volatility, “The S&P/TSX declined 8.7% on a total return basis in June, pushing deeper into … Read more
It’s time to start thinking about applying the most basic rule of investing in stocks to bonds: Buy low. Bond prices have plunged this year, which means yields have risen sharply. We are now getting into a zone on yields where investors with a long-term perspective may find some interesting developments, particularly in corporate bonds. … Read more
Michael Cembalest, the chairman of Market and Investment Strategy for JP Morgan Asset Management, is providing some important guideposts that will allow investors to gauge when equity markets have bottomed. In the most recent edition of his popular Eye on the Market report, he notes that US purchasing managers indices (PMIs) have been the best … Read more
Vince Petrozza, chief operating officer of Fortress Real Developments, leaves the company offices in Richmond Hill, Ont., in 2017.CHRIS HELGREN/Reuters The co-founders of the failed Fortress Real Developments Inc., one of the first Canadian companies to offer higher risk, syndicated mortgage products to retail investors, have been charged with fraud. Jawad Rathore, Fortress’s former chief … Read more
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