Latest Expert Opinions

Signal
Opinion
Expert
COMMENT
COMMENT
November 23, 2018
This ETF hedges away the US dollar exposure. All the returns will be based on the market movement. Good if you want to protect away from currency movement.
This ETF hedges away the US dollar exposure. All the returns will be based on the market movement. Good if you want to protect away from currency movement.
Mike Philbrick
President, ReSolve Asset Management
Price
$31.280
Owned
No
COMMENT
COMMENT
November 23, 2018
This is short-term corporate bonds. As credit risk increases with higher market volatility along with interest rates going up, this has lost some value.
This is short-term corporate bonds. As credit risk increases with higher market volatility along with interest rates going up, this has lost some value.
Mike Philbrick
President, ReSolve Asset Management
Price
$18.810
Owned
No
DON'T BUY
DON'T BUY
November 23, 2018
These are high yield corporate junk bonds. It has a good yield, but it is exposed to more credit risk – many are in the energy sector. In times of crisis, this could be very dangerous. Be very careful here as this will trade like equity in a falling market. Yield 5.7%.
These are high yield corporate junk bonds. It has a good yield, but it is exposed to more credit risk – many are in the energy sector. In times of crisis, this could be very dangerous. Be very careful here as this will trade like equity in a falling market. Yield 5.7%.
Mike Philbrick
President, ReSolve Asset Management
Price
$18.370
Owned
No
DON'T BUY
DON'T BUY
November 23, 2018
This ETF tracks Canadian oil prices. There is only $9 million of capital in this fund – be very, very careful.
This ETF tracks Canadian oil prices. There is only $9 million of capital in this fund – be very, very careful.
Mike Philbrick
President, ReSolve Asset Management
Price
$4.690
Owned
No
COMMENT
COMMENT
November 23, 2018
Bank stocks in the US have faced interest rate headwinds. As rates normalize these stocks should return to a higher level of profitability, but this also requires a supportive business cycle.
Bank stocks in the US have faced interest rate headwinds. As rates normalize these stocks should return to a higher level of profitability, but this also requires a supportive business cycle.
Mike Philbrick
President, ReSolve Asset Management
Price
$114.570
Owned
No
COMMENT
COMMENT
November 23, 2018
The pain on this may not be over. The current tightening cycle of rising rates and a stronger US dollar will not be good for emerging markets. This if further complicated by lower oil prices, where many of these countries are oil exporters. Be careful. You could add some diversification, but it may continue to weaken. You might consider XMM-T (a low volatility ETF).
The pain on this may not be over. The current tightening cycle of rising rates and a stronger US dollar will not be good for emerging markets. This if further complicated by lower oil prices, where many of these countries are oil exporters. Be careful. You could add some diversification, but it may continue to weaken. You might consider XMM-T (a low volatility ETF).
Mike Philbrick
President, ReSolve Asset Management
Price
$24.560
Owned
No
TOP PICK
TOP PICK
November 23, 2018
He wants the US dollar exposure as he is worried about the risk-off mentality in the market. In 2008, this fund was up 30% -- as bonds went up and the US dollar strengthened. US bonds have a high negative correlation to a declining Canadian market.
He wants the US dollar exposure as he is worried about the risk-off mentality in the market. In 2008, this fund was up 30% -- as bonds went up and the US dollar strengthened. US bonds have a high negative correlation to a declining Canadian market.
Mike Philbrick
President, ReSolve Asset Management
Price
$52.640
Owned
Yes