A world focused on selling us investment products and ideas spends little time defining sell or aversion rules. If someone tells you what they own or would buy, ask them when they would sell it. Most ...

The 2023–2024 rate hikes and bear market wipeouts tamped down rampant retail speculation. But in 2025, rate cut expectations, along with AI-inspired price rebounds year to date, have reignited animal ...

Grantham’s logline: “Don’t be conned into being super optimistic by the professionals, by the industry that makes money from overconfidence–lots and lots of money. Um, look around for signs of crazy ...

In a series of heart-stopping swings, since mid-December, the tech-heavy S&P 500 and Nasdaq are currently up 2.9% and 2.7%, respectively, while the US dollar (as measured by the DXY) has fallen 10% ...

Real estate, the most widely held and leveraged asset class, has led the harshest economic downturns historically. On the upside, the few who have cash, value discipline and patience tend to reap ...

Toronto home sales rose 8.1% in June, but were still 35% below the decade’s average; the average home sale price dropped 5.2% year-over-year to $1,151,600. Condo sales in Toronto have declined by 75% ...

Cyber fraud is a constant and growing threat to consumers and service providers. Safety protocols and checks are steadily evolving and increasing. It’s wild out here.

Further to the comment regarding defensive equity allocations, it is worth noting that they also typically decline significantly during bear markets and recessions. The chart below, courtesy of A., ...