Larry takes a look at “smart” ETFs with superior result using a value approach and a growth approach – they beat the market index, but how did they do it, and how can you build a portfolio that is likely to have better results in
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A great read from the Wall Street Journal lends some perspective to the lower for longer argument. Perhaps the so called “new normal” is really just the modern-day version of normal economic growth, and what the baby boomers experienced growing up was “not normal”. This
In this week’s Globe and Mail column, we take a look at the latest example of a “flash crash” – investigating what defines one, how they are caused, and most importantly – how you can protect your portfolio. Ironically, one of the most popular tactics
If you caught the news last week about OPEC’s announcement that they plan to cut oil production in a bid to bolster crude prices, you might be thinking about rushing in to invest. Be sure to do your homework however, since OPEC isn’t necessarily driving
In this week’s Globe and Mail piece, Larry gets political with a critique of central bank and Canadian government policies. If the US election is any indication, the will of the people to break the cycle of endless deficit spending and unsustainable government policies is
As the markets now enter a period of high volatility, I ponder whether they are sensing the onset of the next recession. It’s almost certain that we will see a global recession within the next two years. The history of U.S. recessions shows the range
Last week, Bank of Canada Governor Stephen Poloz flipped on his recent bias that the Canadian economy was strengthening – though he does expect a second-half bounce back from the Fort McMurray wildfires. “Recency bias” is a psychological phenomenon where people overweight more recent events
As markets continue to flirt with all-time-highs, corporate earnings fade, and valuation multiples approach levels not seen since Alan Greenspan called the market “irrationally exuberant” in 1996. Of course that was then, and this is now. In this week’s Globe and Mail piece we take
We always look at the risks of investing, because that’s how investors look at it (after the risk bites them), so for our clients we carefully weigh risk/return with each investment. I’ve said “Europe is a basket case” so you might think that means avoid
I’ve often warned that Western economies – now heavily indebted post credit crisis – are on track to end up like Japan if nothing is done to change course. You might think that means Japan is down and out, and while they are, there is