Knowledge Centre

History never repeats itself in exactly the same way but similarities exist, especially in the timing of economic events or cycles.

As the global economy struggles to find its way, investors can benefit from a little perspective. Investing can be both painful and highly rewarding and investors can learn many lessons that will make them better investors in the future. Primary amongst them is the ability to take a moment to...

Gold as an investment has had a chequered history in modern times. Gold does well when monetary and fiscal policies are poor and does poorly when policies are good.

The theme for 2024 has been so far, so good. Investors cannot complain about how the Canadian stock market has performed in the first quarter.

For all the talk about the Magnificent Seven in the U.S. and the global reliance on just a handful of companies to drive stock market returns it is still quite surprising just how concentrated some of the world’s stock markets really are.

Generally, when inflation is high and volatile, stocks and bonds have a positive correlation meaning that their prices move in the same direction. When inflation is low and stable, stocks and bonds tend to have a negative correlation.

Bond yields always fall before the Bank of Canada (BOC) pivots to cut interest rates. This is occurring today just as it has over the past 50 years. Without fail, the 10 Year Government of Canada bond yield has fallen in the months before each pivot to rate cuts since...

Huge one day stock rallies are surprisingly more common than expected during bear markets. Also, as would be expected, huge one day stock declines are more common in bear markets.

Two years ago, short term interest rates were at 65 year lows which made it more difficult for fixed income investors to earn a decent income. Couple this with the fact that the average investor had an aversion to investing in long term bonds because of the belief that higher...

The end of the Bank of Canada’s (BOC) rate hiking cycle has historically been a good time to own Canadian stocks but an uncertain economic outlook and stretched valuations could dampen upside this time.