From the category archives:

Economics

Investing In The Markets With The Threat Of A Double Dip Recession

Analysis / Insights Update: This post was included in the Carnival of Money Stories Biography: Mr. Appleton is a member of the Matco investment committee and Matco’s Canadian Equity Group, which is responsible for managing the Canadian Equity, Small Cap, and Energy Portfolios. Prior to joining Matco, Mr. Appleton was with Computerized Portfolio Management Services Inc., one of [...]

Arjun Rudra

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Update: This post was included in the Carnival of Money Stories

Lee W. Appleton, CFA is Vice President, Portfolio Manager at Matco Financial

Biography: Mr. Appleton is a member of the Matco investment committee and Matco’s Canadian Equity Group, which is responsible for managing the Canadian Equity, Small Cap, and Energy Portfolios. Prior to joining Matco, Mr. Appleton was with Computerized Portfolio Management Services Inc., one of North America’s leading independent equity research firms. He can be reached by email at: lappleton (at) matcofinancial (dot) ca or by telephone (toll free) at: 1.877.539.5743

Is the economy going to fall back into a recession or not? Not, at least not in the near term says Lee W. Appleton, portfolio manager at Matco Financial. Lee points to the steepness of the U.S. yield curve as having been a historically accurate precursor of recessions, with nine yield curve inversions followed by nine recessions. With the current yield curve being as steep as it’s been in 45 years, if one were to make an inference it would be that a recession is not on the horizon. However, Lee also notes that trends take time to develop and that the shape of the yield curve needs to be closely monitored for any signs of change.

Another point brought up by Lee is that current projections for expected earnings per share for the S&P/TSX Composite stand at 881 for 2011, a 21% increase year over year. Given a mandate to be invested in the markets today, Lee believes his “Canadian equity
picks are well-suited to the tug-of-war of worries and opportunities that is underway.”

2 of Lee’s top picks are Domtar Coporation (UFS: TSX) and Saputo Inc. (SAP:TSX). Read on below for why he likes them so much.

Is There Going To Be A Double Dip by Lee W. Appleton, CFA, Portfolio Manager at Matco Financial

For your information:

Matco Financial Inc. is a privately owned and independent Wealth Management Office. The material presented in the Matco Report is intended to provide information to Matco Financial clients, contacts, and affiliates. Readers should not act on this information without first consulting their investment advisor, tax advisor, financial planner, or lawyer. This communication does not constitute an offer or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.

Management fees, commissions, and expenses may be associated with investment management services and mutual fund investments. Please read the applicable information such as the prospectus, which contains detailed investment information and is available from your advisor before investing. Most marketable securities such as mutual funds are not guaranteed or insured, their values change frequently, and past performance may not be repeated.

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Correlation of mortgage rates with real housing prices: How increasing inflation could affect housing prices

Analysis / Insights This post has been republished on Economy Politics. Economy Politics is a blog published by Taylor Cottam. We would like to welcome Taylor as a contributing author to InvestingThesis. We’ve interviewed Taylor before but for some background, Taylor has managed financial risk and traded fixed income products inside both GMAC bank and other financial institutions [...]

tcottam

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This post has been republished on Economy Politics. Economy Politics is a blog published by Taylor Cottam. We would like to welcome Taylor as a contributing author to InvestingThesis. We’ve interviewed Taylor before but for some background, Taylor has managed financial risk and traded fixed income products inside both GMAC bank and other financial institutions [...]

4 Investment Ideas That Provide Income and are Non-Correlated To Equity Markets For Canadians

Economics As of this moment, the S&P/TSX Composite index is down 384.58 point or -3.27% year to date. The S&P 500 is down 67.32 or -6.04% year to date. That is your market update. When the global economic outlook appears uncertain and on the brink of another recession, equity markets reflect this reality in terms of [...]

Arjun Rudra

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As of this moment, the S&P/TSX Composite index is down 384.58 point or -3.27% year to date. The S&P 500 is down 67.32 or -6.04% year to date. That is your market update. When the global economic outlook appears uncertain and on the brink of another recession, equity markets reflect this reality in terms of [...]

Short Term Canadian Natural Gas Pricing And Deliverability Outlook

Analysis / Insights On March 31, 2010, the National Energy Board (NEB) in Canada released a report entitled the “Energy Market Assessment (EMA) Short-term Canadian Natural Gas Deliverability, 2010–2012,” scrutinizing the elements that affect the supply of natural gas in the short term. Overall natural gas production in Canada is forecasted to decline through 2012 as a result [...]

Arjun Rudra

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On March 31, 2010, the National Energy Board (NEB) in Canada released a report entitled the “Energy Market Assessment (EMA) Short-term Canadian Natural Gas Deliverability, 2010–2012,” scrutinizing the elements that affect the supply of natural gas in the short term. Overall natural gas production in Canada is forecasted to decline through 2012 as a result [...]

Economics and Canadian Economic Policy with Kevin Carmichael of the Globe and Mail

Economics Biography: Kevin Carmichael writes about economics and economic policy for the Globe and Mail. Q: Mr. Carmichael, given the plethora of statistics and opinions that you are privy to, what is your take on the Canadian economy going forward? Are there any areas of the economy that are showing signs of unexpected weakness or are [...]

Arjun Rudra

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Biography: Kevin Carmichael writes about economics and economic policy for the Globe and Mail. Q: Mr. Carmichael, given the plethora of statistics and opinions that you are privy to, what is your take on the Canadian economy going forward? Are there any areas of the economy that are showing signs of unexpected weakness or are [...]

Canadian Quarterly Employment Trends With Anna Montesano of Robert Half International

Economics On March 8, 2010, Robert Half International released their first Professional Employment Report. The report is a quarterly executive survey focusing exclusively on professional-level hiring. The survey indicated that 15% of employers surveyed plan to add staff in the coming three months in professional occupations, such as accounting, finance and information technology (IT). While, 86% [...]

Arjun Rudra

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On March 8, 2010, Robert Half International released their first Professional Employment Report. The report is a quarterly executive survey focusing exclusively on professional-level hiring. The survey indicated that 15% of employers surveyed plan to add staff in the coming three months in professional occupations, such as accounting, finance and information technology (IT). While, 86% [...]

Will the loonie lead crude this time?

Analysis / Insights Recent strength in the Canadian dollar may portend a rally in crude prices. Historically, the CAD/USD exchange rate has tracked crude prices reasonably well. Using weekly data going back to 1983, the two series have a 67% correlation. In recent weeks, however, the Canadian has broken out and is powering towards parity with its American [...]

Jason

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Recent strength in the Canadian dollar may portend a rally in crude prices. Historically, the CAD/USD exchange rate has tracked crude prices reasonably well. Using weekly data going back to 1983, the two series have a 67% correlation. In recent weeks, however, the Canadian has broken out and is powering towards parity with its American [...]

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