A Lower Dollar is Good For Canada

The Global markets be it equities, commodities, or currencies turn on a dime with no one knowing who has to unwind heavily leveraged positions at a given moment creating spikes to the upside or downside. I had been saving my thoughts about our dollar for a few days and thought it would be appropriate to [...]

Some Hope Getting Little Attention

This past Friday, I was looking at the Reuters newsfeed that provides alot of the data that I rely on daily. Of the most recent 50 stories, all but one related to the negative state of the economy, stock market, etc…
What started the domino effect was the decline in US housing prices as sub-prime mortgage rate [...]

Warren Buffett…New York Times Commentary

As history has shown, the biggest stock market gains usually come after the largest declines. This time has been no exception with the TSX up 5.5% for the week for the biggest weekly gain in 6 years. 
This article will no doubt be getting some feedback on airwaves around the world and was passed on to [...]

Credit Crisis and its Overall Impact

The stock markets around the world have been less than stellar but the underlying problem that is affecting the market is credit. The inability to borrow money to buy a car or a house will lead to negative GDP growth which means recession.
One of the most astute economists in Canada, Clement Gignac of National Bank [...]

Where it all Started…..

The downturn in markets that we have been experiencing has been difficult and many questions are being asked about how Wall Street and banks around the world leveraged their portfolios and how the US government allowed sub-prime borrowers to buy a home with 100% or more of it being financed.
 
I was emailed an article that [...]

Some Good News Can Create A Spark

Listening to the Business News Network, I heard that we had one of the worst weeks since 1937 in the markets. Although I didnt verify the statistics. I am feeling somewhat beat up as are most investors and professionals with my afterwork workouts providing me with some sanity.
I keep telling our clients to maintain the [...]

Market Turmoil And Recovery Time

Markets rise, fall, and rise again. Looking back at past turmoil, we have the 1987 crash, the Asian crisis, the Russian crisis, 9/11, the oil embargo of the early 1970’s.
Each decline brought on panic and despair as we watched our savings decline and the media didn’t help with their 24 hour a day coverage of [...]

Your Private Pension Plan Could Be In Jeopardy

Many individuals may be resting comfortably during this market turmoil knowing that they have a guaranteed pension for life and in most cases fully indexed to inflation. After all, most investors are looking at their month end statements wondering what lifestyle adjustments they may need to make if this market sustains these lower levels for [...]