Trending stocks today
Hank Cunningham
Fixed Income Strategist at Odlum Brown Limited
Member since: Jun '05 · 547 Opinions
Rating Card
| All | 
Rating
| 
Big Win
| 
Win
| 
Neutral
| 
Loss
| 
Big Loss
|  |
|---|---|---|---|---|---|---|---|
| 0 | 13 33.33% | 8 20.51% | 10 25.64% | 8 20.51% | 0 0.00% | ||
| 1 Month | 0 | 1 12.50% | 1 12.50% | 5 62.50% | 1 12.50% | 0 0.00% | |
| 6 Months | 0 | 3 30.00% | 2 20.00% | 4 40.00% | 1 10.00% | 0 0.00% | |
| 12 Months | 0 | 2 28.57% | 2 28.57% | 1 14.29% | 2 28.57% | 0 0.00% | |
| 2 Years | 0 | 3 42.86% | 2 28.57% | 0 0.00% | 2 28.57% | 0 0.00% | |
| 5 Years | 0 | 4 57.14% | 1 14.29% | 0 0.00% | 2 28.57% | 0 0.00% |
Stock Opinions by Hank Cunningham
There's a good chance that the Fed won't cut rates until 2025, given that the US unemployment rate is 3.7% and GDP is rising. Housing markets remain good. Long-term bond rates are too low; you're not getting real returns to justify holding a 10-year bond. He used to recommend corporate bonds 100%, but recently has been adding government bonds given the tight spreads in corporate. Also has been adding floating rate bonds where rates are well over 5%. Investment-grade and junk bonds are extremely tight, near historic spreads. Due to compounding, high-yield bonds are outperforming everything.
N/A
Unknown
Doesn't like preferreds; they lack the growth of equities, are volatile and lackthe safety of bonds, though you get the after-tax yield. Bonds are the better option--you know what return you will get.
Unhedged, with 1,157 issues, duration is 3.4 years and yields at maturity under 6%. It has done well and will continue to.
No. The investor doesn't get a good deal while the underwriting collects a profit. Find one yourself, a 1-year maturity that pays a better yield. Better to buy-short liquid notes with your US cash.
He definitely prefers dividends, the bigger the better.
The chart is poor as bond yields have been rising. Even with covered calls, you're losing money with this. He never uses covered calls; he'd rather keep it simple.
He wouldn't. He likes short-duration, quality bonds. It's not a good time for this ETF.
It groups a lot of bonds and you get more money as each matures, year by year. You can buy at different maturities using other RBC ETFs.
You can but 3-month T-bills yourself. IF this charges an MER, it wipes out your gains.
Each are A-rated bonds. Very flexible.
Govt of Canada 0.5% bond, December 12030.
It's in the sweet spot of the curve and offers a good 4.3% yield, relatively. Only 3 years to maturity, good risk/reward.
If the US Fed doesn't cut rates until 2025, then sell this now. Inflation won't fall to 2% in a straight line, and he expects a delay in cuts.
Not that familiar with this and doesn't like ETFs, because they never mature or you risk a loss if you sell at the wrong time.
Don't buy preferred shares without resets.
