In our latest video, Rob Wessel discusses the key issues facing TD Bank in light of its recent challenges related to anti-money laundering. In particular, Rob identifies four key issues and three possible scenarios on where TD Bank stock could go from here.
Insights & Commentary
Higher Income from North American REITs | RMAX
Real estate investing has long been heralded as a solid pathway to passive income, yet the reality often involves much more than simply collecting a rental check. For investors looking to enjoy the benefits of real estate-related income without the hands-on hassles and costs, real estate investment trusts (REITs) offer a liquid and accessible alternative.
Higher Income from Canadian Utilities | UMAX
Most defensively-minded Canadian investors are well acquainted with the country’s largest utilities stocks – stalwarts like Fortis, Brookfield Infrastructure Partners, Hydro One, and Emera. Historically, the Canadian utilities sector has offered above-average dividend yields and exhibited lower volatility compared to the broader equity market.
Canadian Banks: Rob Wessel on BNN Bloomberg
Rob Wessel was on BNN Bloomberg last week for the beginning of Canadian bank earnings to discuss TD Bank results and what they could mean for the rest of the group. He also provided his thoughts on: (i) TD Bank’s anti-money laundering probe; (ii) risks of mortgage resets; and (iii) the catalysts needed to drive better performance from Canadian bank stocks going forward. BNN Bloomberg: Rob…
U.S. Mid-Cap Financials — HUM Outperforms with Considerable Recovery Upside Remaining
The U.S. financials have been showing strong momentum this year outperforming the S&P 500[1], fueled by increased economic optimism and investor sentiment. The Hamilton U.S. Mid-Cap Financials ETF (HUM) has been the top performing U.S. financials/ banks ETFs in Canada since inception (see below). That said, following earnings season, the large-cap financials, which typically set the tone for the rest of the sector, are leading the…
The Case for Australian Banks in Canadian Portfolios
It is well known that Canadian investors favour their domestic banking oligopoly for its history of solid growth and stable dividends. What is less well known is that Australia is home to one of the world’s best banking sectors, with nearly identical long-term returns and dividends to those of the Canadian banks. A desire to provide investors with diversification to another world class banking sector in…
HFG — The Secret Bull Market in Global Financials
The Hamilton Global Financials ETF (HFG) continues to benefit from excellent performance, having materially outperformed Canadian financials in the last 1, 2, and 3-year periods with lower volatility. Despite the global financial sector’s strong performance over the last six months, there has been remarkably little discussion about it as current interests (AI, the “magnificent 7”, and a fixation on the Federal Reserve/the path for interest rates)…
Replay: Market Outlook with Ed Yardeni — Roaring 20s Still Ahead?
On April 2nd, 2024, we hosted a webcast with prominent Wall Street strategist, Ed Yardeni, where he provided his thoughts on U.S. equity markets, how the 2020s might be another ‘Roaring 20s, and what could cloud this optimistic outlook. Ed has been one of themost influential Wall Street strategists over the last 30 years and is regularly on CNBC and Bloomberg TV. For more…
Canadian Banks: Buying Opportunity? (BNN Video)
Rob Wessel was on BNN Bloomberg to discuss the catalysts needed to get Canadian bank stocks moving from their low valuations, and if now is the right time to buy.
BMO/BNS Q1 2024 Takeaways (BNN Video)
Canadian bank earnings season began with BMO and BNS reporting Q1 results. This morning, Rob Wessel was on BNN Bloomberg discussing his key takeaways (see video below).
Hamilton ETFs Announces a Permanent Reduction in the Management Fees of HDIV & HYLD to 0%; HDIV & HYLD will also be increasing Distributions
BNS: Q4 Results Not as Bad as they Look (BNN Video)
Canadian bank earnings season has begun with BNS reporting Q4 results. This morning, Rob Wessel was on BNN Bloomberg discussing whether Scotia’s results are as bad as they look and what they could mean for the group. CLICK HERE to view the full interview.
Video: History Favours the Canadian Banks in 2024
The Canadian banks had a negative return of more than 10% for the 2-year period ending October 31st*. In this 5-minute video, Rob Wessel discusses how rare of an event this has been over the last 20 years, what it has meant in the past, and what this could mean for the Canadian banks in 2024. Tax Loss Switch Ideas: Below we highlight our suite of…