I recall the Barron’s round table discussion in the January 2008 issue where the majority of panelists were very optimistic on the outlook for 2008 earnings as the Great Recession was digging in. What investors need to understand is that Wall Street is always painting
If you haven’t heard me say this 100x before, or are just tuning in to hear what yet another one of these “talking heads” thinks is sure to happen in markets – let me disappoint again – NO ONE KNOWS what will happen next in
It’s not a secret that gold equities have been a relative disappointment for the past several decades. The peak in relative value (the ratio of gold equities to the value of gold bullion: lower chart) peaked in the mid 1990s. The reason is relatively straight
According to FactSet, 52 companies in the S&P 500 have issued negative EPS guidance and 53 companies in the S&P 500 have issued positive EPS guidance. While this sounds quite balanced, history shows that companies issuing negative EPS guidance is well below the five-year average
This week we have Tim O’Brien, Analyst and VP Industrials, Global Corporate division of Dominion Bond Rating Service (DBRS). A few months ago I made a comment on air that credit analysts are often well behind the curve; meaning they don’t change their credit rating
The tradition on Berman’s Call has been for me to use the last show of the year to forecast what I expect for 2018. Let me start off by saying, at the end of 2016 I was concerned about the risks building in the world
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 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