Tag Archives: cycle

Selling bonds to buy stocks? Try door #3 instead!

I have been warning about bonds now for over 6 months. Finally the press is catching on, ensuring that a normal development over the course of a business cycle (whether ignited by natural forces or government intervention) – rising interest … Continue reading

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Gurus cannot time markets? I’ll tell you who can!

Studies examining former market calls (like checking the rear view mirror) of experts suggest that the ability of ‘gurus’ to predict markets is less than 50%.  Slightly worse than flipping a coin.  In my book I pick on a couple of very … Continue reading

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Ride the Kentucky Bourbon Trail – Investment Research?

I have friends who take great pleasure in discussing the latest wine releases, and some who have built temperature and humidity-controlled rooms in their homes to store hundreds of bottles of wine they’ve collected. More surprising, I recently read that … Continue reading

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Move into equities and QUICK! Sell HI & Buy LO!

For the cynics (the ‘wait-and-see’ crowd) this table should be an eye-opener.  Just to recap: On Sept 29th I posted Asset Allocation points to RALLY! On November 17th I recommended Euro-Crisis is just noise – BUY American! Forget the headlines … Continue reading

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Why Europe needs America!

Being in a country like Canada, and being in the investment management business a very long time helps one have a broader perspective. In my experience (thirty years) global economic cycles tend to follow a pattern out of slumps: US … Continue reading

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Shrinkage: Jobs in Financial Services

Employment in financial services – four years ago rich and bloated, are shrinking as quickly as George Costanza (of Seinfeld) coming out of the pool. Los Angeles Times, Sept. 10, 2011 “Bank of America Corp. is preparing to slash 40,000 … Continue reading

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MARKET CORRECTION — The day after you buy stocks!

FORECAST – Sunny with Chance of Showers I was asked to speak at the Alternative Investment Conference in Calgary over the weekend. As you know, I don’t believe in predictions (for reasons covered at length in my new book); I … Continue reading

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Time to Buy? Stocks, Commodities & Television.

I was inspired this morning watching a business television interview.  A fund manager was suggesting that it’s probably a good idea to sell stocks and sit on some Treasury Bills or other cash equivalent.  Isn’t this exactly what I’ve said?  … Continue reading

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How to identify new stock market leadership

I’d like to add some context to my previous commentary.  I’ve stated before that I believe we are in a revitalized global boom, the progress of which was seriously damaged by the financial crisis we barely survived.  I first made … Continue reading

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