For years I’ve been preaching the merits of being an active investor versus a passive investor. The unique aspect of my approach is to use passive index strategies with ETFs to make active asset allocation decisions. Asset allocation is far more important than security selection
I last looked at this topic back on April 30th and I thought with all the talk about the strong US$ and some misinformation (opinion) I have heard in recent weeks, I thought I should update you with my thoughts (facts) on the subject. Recall
According to Mark Hulbert of Financial Digest fame, a sentiment based independent based analyst firm, the single best (long-term 10 years) predictor of future returns is equity share of household assets. These data can be followed (annually) on the Federal Reserve Board of St. Louis
Judging if the near 37-year bull market in interest rates is over is not a simple exercise. Many bond pundits have made the call recently. The pattern of lower yield highs and lower yield lows have continued for decades. Calling the end of this trend
I have suggested for many years that currency exposure when investing globally should be a major consideration. We can only do something about it when using ETFs. Mutual funds or single stock or bonds do not give us the opportunity to hedge our exposure. To
I have said many times over the years that the bond market is often the best forecaster of the economy, but it’s not typically until the yield curve inverts (when short term yields become higher than long term yields) that we must worry about what
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
In a word, yes. First you need to understand that the media uses the term “ETF” (Exchange Traded Fund) to describe pretty much any exchange traded mutual fund (believe it or not ETFs are technically mutual funds that are tradable like stocks). ETFs have been
After Day 1 of the Inside ETFs 2018 conference, I have a few takeaways for BNN viewers. Bitcoin ETFs exist in Sweden (not coming to the US anytime soon), Blockchain ETFs are out (BLOK – Amplify Transformational Data Sharing ETF), we are expecting one in
There are several key factors all coming together in the next few weeks to months that should shape a somewhat bearish outlook for the Canadian dollar for the next year or two. Here’s a look at them: BANK OF CANADA (BoC) This week, the market