You have probably heard from me and others that the US market is overvalued. You have also probably heard (from others) that since interest rates are so low, the market deserves a higher valuation. One of my favourite investment managers (GMO – Grantham, Mayo, &
We are finally seeing an uptick in volatility in U.S. markets. Seasonally, it’s time to get a bit concerned as most of the worst market declines have started in the third quarter. There are always things to be concerned about when investing, especially when the
Mark Hulbert of Hulbert Financial Digest has spent his career following financial advisory newsletters and building a database of sentiment indicators, largely in hopes of finding contrarian indicators. Last week, he wrote a column about solar eclipses and I thought it would be fun to
We finally saw a bit of volatility last week ignited by the tough talk between Trump and North Korea. Will this be the catalyst to ignite the next material market decline? Reading the “Tape” is not for everyone. It’s a skill that is fraught with
The most dramatic move in any market over the past few months has to be the 10% rally in the Canadian Dollar. A few months back we introduced you to our three favourite indicators to show you why we were completely hedged in our US
The most important portfolio factor for many investors is diversification. Lowering portfolio risk while generating yield is something that every investor should strive for. One asset class that engenders a multitude of emotions but has no yield is precious metals and gold in particular. Gold
For those of you who missed Larry’s webinar on June 29th, or missed The Investor’s Guide to Thriving series this past spring (or if you attended but just want to see the presentation again) you are in luck! Below you will find a link to
Adam Smith wrote in the Wealth of Nations that people would get bored of monotonous, repetitive labour. There is good news and bad news. The good news is that Robotics and Artificial Intelligence will likely take most of the boring monotonous jobs. The bad news
Last week we looked at the meaning behind the flattening yield curve. Despite the fact that the Federal Open Market Committee (FOMC) raised rates last week and was more hawkish than expected, longer-term bond yields actually declined versus the conventional wisdom that tightening Fed policy
The shape of the yield curve tells us a lot about investor expectations about the future. As of Sunday night, the odds the FOMC raises the overnight rate was 97 per cent according to the derivatives tied to the Federal funds rate. In fact, that