It's A Bird, It's A Plane, It's Superman! No wait…. it’s the loonie, a.k.a. the Canadian dollar. It’s closing in on parity with the U.S. dollar and by the looks of it, might blow past this psychologically important milestone before you finish reading this post. 

Stocks have been on a tear since March. Some investors have seen their holdings gain 40% or more in less than six months, leading them to wonder if markets are overbought and due for a correction. This, in turn, leads them to wonder if they should take profits and buy back during the ...

Could the equity premium be zero or even negative? In other words, is it possible investors buying and holding stocks for the long run won't get that extra 3% to 5% over government bonds that several studies have found in historical data? Are they better off in fixed-income securities?

Toronto chartered accountant David Trahair has a new book coming out in August: Enough Bull: How to Retire Well without the Stock Market, Mutual Funds or even an Investment Advisor. It should be another zinger, a frontal assault on cherished shibboleths in the personal finance and investing fields.

A number of studies in peer-reviewed journals have looked at the impact of the media on stock markets. The most recent finds that a portfolio of stocks with no media coverage outperforms a portfolio of stocks with high media coverage by 3% annually (after adjusting for market, size, book-to-market, momentum, ...

Household debt is at a record high relative to assets in the United States, according to Gluskin Sheff Chief Economist & Strategist David A. Rosenberg. As can be seen from the chart below (taken from a recent Rosenberg research note), the household debt-to-asset ratio is now 21.0%, compared to prior ...

The big question in markets right now is whether this boom is a genuine presaging of an economic recovery—and therefore real—or whether this mini-boom is more akin to the pseudo recovery that took place in the spring of 1930 after the Great Crash.

What continues to impresses is how this market rally has climbed one of the tallest walls of worry in ages. The discrepancy between Mr. Market and commentary from analysts and journalists is a yawning chasm indeed. Is this the usual pattern seen at the start of bull market rallies or is Mr. ...

I’m told there were five rallies of 20% or more during the worst bear market in history from late 1929 to mid-1933. Will the rally of the past six weeks similarly give way? Or is it going to be like the Big Rally in the summer months of 1933, when ...

Bull markets climb a wall of worry, they say. That’s the old rule of thumb that leads many investors to buy stocks when a few green shoots appear under the black clouds. The fact that stocks historically turn up several months ahead of time also provides reassurance.