Loose change…. A busy week of earnings for the three Portfolios with 17 companies across the Portfolios announcing their respective quarterly results. I was not sure if the light at the end of the tunnel was going to be the end of the tunnel or an approaching train. It turns out it was light at […]
Monthly Archives: July 2022
The Case For Oil & Gas Investments
This comment originally appeared in the February 18, 2022 Weekly Update. I thought it would be easier to find if it was its own article. When I got back into investing in 2018, I thought I would never buy shares of an oil come as the green revolution was underway and I’m very optimistic about […]
The week ending July 22, 2022
Loose change… This past week Canada’s June inflation rate came in at 8.1%, the highest since 1983. I know I’m feeling the bite of inflation. Higher gasoline prices are driving (pun intended) a lot of that increase, but prices across the board are up – food, housing and transportation are all up. The last time […]
The week ending July 15, 2022
Electric Vehicle sales reach tipping point Electric Vehicles (EV) surpassed the magical 5% mark of the total auto market this past quarter, according to a report from Cox Automotive. Why is 5% important you ask? Well, I will tell you. Historically, once a product reaches 5% of a total market it reaches the tipping point […]
Interest Rates Rise
This week the Bank of Canada (BoC) raised the Canadian interest rate by a full 1%, the largest hike since 1998, bringing the interest rate to 2.5%. Analysts and markets were expecting a 0.75% hike, so this is a surprise, and not a welcome surprise. With inflation in Canada hitting 7.7% in May, the BoC […]
The week ending July 8, 2022
Ch, ch, changes After some feedback, I have decided to break the Weekly Update into two separate parts. Going forward, the weekly market and portfolio update will now be a separate post from the opening commentary. The weekly update content will remain the same (unless feedback suggests otherwise) and continue to be posted at the […]