Trader’s Narrative

Today’s Bank of Canada rate decision is being watched very carefully. Not because of any lingering doubts about what they will do; because according to the rate futures there is a 100% expectancy of a 50 basis point cut (and a 73% chance of a 75 basis point cut).

The question on everyone’s mind is what […]

I wanted to write about this during the holiday season but it being the holidays it got pushed to the new year.
Canadian REITs as a group were pummeled beyond belief during this bear market. Personally I’m surprised to see this because generally speaking they are a solid business model. Not over leveraged, diversified and […]

As the market races to the bottom, corporate insiders are racing right along buying with both hands. For the past four weeks, insider activity as monitored by InsiderScore, corporate executives and board members have been in what can only be described as a buying frenzy.
According to InsiderScore, “insiders are more bullish now than at any […]

There are very few moments in market history when absolutely everything is being sold: stocks, bonds, commodities, REITs, etc. We are going through one of these rare times right now and it can be gut wrenching. Forced liquidation in a bear market can be so brutal, it makes surviving to be able to take advantage […]

According to a recently released Global Competitiveness report from the World Economic Forum, Canada has the “soundest” banking system in the world.
With runners up being:
Sweden, Luxembourg, Australia, Denmark, Netherlands
And coming in third:
Belgium, New Zealand, Ireland, Malta
The United States? Ranked 40th. Zimbabwe? 122nd.
The methodology for the results isn’t all that clear but it was based on […]