Mike PhilbrickEvolve Canadian Banks and Lifecos Yield Index FundBANK.TOBUYMay 27, 2026
Financials have been doing well, especially Canadian banks. Very strong trend, and "the trend is your friend". Can add, but don't double or triple your position.
BANK-T vs. ZUB-T. Exposure to US or International banks. The yield curve is telling us we are headed toward a recession 6 to 18 months out. The yield curve is flattening so banks’ net interest margins will not improve. He does not want to chase them here.
Financials have been doing well, especially Canadian banks. Very strong trend, and "the trend is your friend". Can add, but don't double or triple your position.