Author Archives: Liquid Independence
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 »
Recession around the corner Hey folks. Sorry I’ve been away for awhile. I took a long hiatus from blogging after my vacation from earlier this year. My toddler just started daycare this week so I now have time to get back into writing on a regular basis. 🙂 The stock markets in Canada and the US have both… Read More »