From a yield perspective, long U.S. treasuries (TLT) yield about 2.8 per cent and long Canadas yield about 2.00 per cent (ZFL). This compares to a less than two-per-cent yield for the U.S. equity (ZUE) market and a 2.7 per cent yield for the S&P
Category Archives: Economics & Fundamentals
I have heard some say that I should change the name of the show to “Bear-man’s Call” because I’m too bearish all the time. On the 10th anniversary of the show, I wanted to clarify why some may have that perception. Simply, I consider the
I’ve been suggesting for years that the debt and deficits are increasingly going to hurt economic growth. I’m fearful that the Liberal budget coming down this week will only make things worse for Canada in relation to our major U.S. trading partner. The government will
It was 10 years ago this month that Berman’s Call was first aired. That got me thinking about long-term investing. This week I’m looking at drawdowns (also known as bear markets). What I consider market noise and almost any investor can handle is a 5
U.S. President Donald Trump will address a joint session of Congress on Feb. 28. He is expected to talk a little tax — it’s the lower taxes and lower regulations that the markets have been celebrating. But there needs to be a lot of horse
This week I will be addressing the Manning Centre Conference in Ottawa on the topic of debt, demographics and the long-term implications for Canada. Having followed global financial markets for the past three decades, I’ve seen several bulls and bears. The one thing that has
For years, I’ve said the goal of building efficient portfolios is based on three main principals: diversification, maximum return, and minimum risk. Learning how to navigate the market through active asset allocation is one of the best things individuals who have taken on the responsibility
The Trump bump in the market since the U.S. election last year has been one of the most debated topics in business media history. He won, in part, because Congress has the lowest approval rating in history, and people wanted change. We need dramatic change
The outlook for the S&P 500 in 2017 is probably not as rosy as the post Trump rally would suggest. The sentiment around the increased profitability of US companies with the corporate tax cuts is somewhat misguided. According to data prepared by the Bank Credit
One always needs to tweak the current forecast for unknowns. Enter the Trump administration and the general “animal spirits” that have been released as it pertains to expectations for lower taxes, higher government spending and job growth. So how much are those “animal spirits” –