Author Archives: Liquid Independence
Will Canadian Housing Finally Cool in 2025? The average Canadian home sells for about $700,000 today, similar to last year. (Orange line in chart below.) The market has been going sideways for the last couple of years reaching a fine balance between supply and demand. But going into next year the market faces a couple of headwinds. The… Read More »
Lately it’s been hard to find good investment ideas for value investors as the stock market is ripping higher than ever. Large cap companies are making big gains, such as Tesla (TSLA) with a 50% price appreciation over the last week. It’s not just stocks. Cryptocurrencies are on the rise too, with Bitcoin rising to $90,000 USD for… Read More »
How high will gold go? About 10 years ago I wrote about buying gold and silver as an investment. Since then the price of gold has gone up 175% in $CAD. That’s a bit more than 10% return annually. But for most of the 2010s and early 2020s the price of gold did not make any big moves.… Read More »
One of the best stocks to gauge the health of the economy is FedEx. If the demand for transportation increases then it’s a sign that businesses are growing, e-commerce is expanding, and the overall US economy should be in good shape. This is why I occasionally pull up FedEx stock to see what it’s doing. Well recently I… Read More »
The Bank of Canada has two more interest rate announcements this year. One later this month and another in December. Although the U.S. economy has recently showed signs of strength, the BoC has said it is willing to diverge from the Federal Reserve on monetary policy when Canadian economic conditions warrant it. We know that the Canadian unemployment… Read More »
How the stock market behaves after a Fed pivot Last week’s 0.50% rate cut by the Federal Reserve signals the start of falling interest rates for months to come. Usually lower rates represent a good sign for the stock market. But because the US economy is slowing down, we are probably witnessing a top forming in the S&P… Read More »