Mike Philbrick

The rate-hiking cycle ended in Q3-2023, and it takes 18 months to work itself through the economy, about now. We may see a soft landing. Declining rates has coincided with the stocks rally since the December CPI report. Large stock market corrections come during recessions. He doesn't expect a recession this year, which should be good, though perhaps in 2026. But more volatility this year than usual. Trump is pro-business and pro-hydro-carbons which is good for Canada (amid the backdrop of looming US tariffs). 

The rate-hiking cycle ended in Q3-2023, and it takes 18 months to work itself through the economy, about now. We may see a soft landing. Declining rates has coincided with the stocks rally since the December CPI report. Large stock market corrections come during recessions. He doesn't expect a recession this year, which should be good, though perhaps in 2026. But more volatility this year than usual. Trump is pro-business and pro-hydro-carbons which is good for Canada (amid the backdrop of looming US tariffs). 

It tracks companies with stable earnings which are soft of priced like bonds. Covered calls gives a little more income. Utilities act like bonds. It has faced the rise of interest rates, but rates will ease and will benefit this sector, which is a good place to be.

This holds long-duration US bonds, like 17 years on average. Is a little more volatility here. You can buy in USD or hedged, but prefers USD for its extra returns in times of strife. The covered writing adds returns, totalling 10-11%. However, covered writing anywhere caps your upside. So, do you want extra yield or upside during a growth shock?

Canada doesn't have an ETF offering broad commodity exposure, so there's this one from the US. This is the go-to one, holding energy, metals and agriculture, balanced and holds dividend payers.

It's passive, global and holds the top tech companies. There is a CAD-hedged version.

A covered call ETF so it provides extra income. He's recommended it before. 

Is very new and small, but it covers a space that every investor should be in. There's strong demand for energy generation.

It holds quality companies that pay dividends. It's hard to go wrong with Vanguard, which are very low priced. This holds 56% financials, 24% energy and 8% utilities. This is where you find Canadian yields.

The cannabis space has had time to consolidate, taking out the weaker players. The sector has been down for 5 years. There's long-term opportunity in this space following persistent negative returns. Consolidation clears the decks, though. Wait till February to see if selling has abated, following tax-loss selling at the end of last year, and maybe there will be a rebound. This is a small position in your portfolio overall.

It rotates holdings based on seasonality. The one-year chart has been steady and positive. Is diversified and shows support in difficult markets.

Here, you're paid not only the dividend but debt and options also. However, the attempted diversification here failed. Holds non-North American stock.

The unhedged stock. Is covered call, boosting yield. Healthcare stocks have sold off, like Eli Lilly, though ISRG has done well. Is a lot of change in healthcare amid the change in presidents. So, this sector is sadly on the back burner. If you hold it, you get paid a good dividend as you wait.

Is corporate class, so you don't get the dividends, but instead are compounded back into the unit value.

Gives you broad commodities exposure.