COMMENT
Market Outlook Investing when interest rates are zero are driving up bond values. Ten year US treasuries are down to a yield of 0.6%, down from 2.0% a year ago. Interest rates will likely creep back up a bit as central banks take their foot off the gas, at least a little. This is expected to reduce the valuations of bonds soon. He expects the global economies will recover eventually after this. In ten years time we think of this event as a distant memory. Don't get used to mortgage rates being this low forever. His free website is steinbergwealth.com.
DON'T BUY
It is the only unionized bank in North America. That is why it remains independent. They will struggle to get scale and as a result they have cut the dividend. There are better opportunities out there.
DON'T BUY
A $15 billion marketcap company and no revenues -- a "story" stock. A venture capital type of investment. It is highly speculative. A competitive space and not for the faint of heart.
HOLD
Collateralized loan obligations? He likes the US banking sector in general, although he holds others than JPM. CLOs are hard to understand. The Fed Reserve looks closely at these in depth. He is not concerned about their exposure in CLOs and believes they are well capitalized.
COMMENT
BoC interest rates? He thinks the Bank of Canada is following the footsteps of other central banks. We have probably seen the last cut from the BoC and we are in a good position now.
COMMENT

A risky telco? He does not own RCI in his portfolios. The dividends are secure, but he prefers BCE and T. They are all facing similar challenges. He thinks RCI has not been as good at controlling costs.

COMMENT

A risky telco? He does not own RCI in his portfolios. The dividends are secure, but he prefers BCE and T. They are all facing similar challenges. He thinks RCI has not been as good at controlling costs.

COMMENT

A risky telco? He does not own RCI in his portfolios. The dividends are secure, but he prefers BCE and T. They are all facing similar challenges. He thinks RCI has not been as good at controlling costs.

HOLD
7% 2027 debenture All BCE securities are rock-solid credit. Nothing to worry about even in this environment and he owns these bonds in their portfolios. Zero worry.
BUY ON WEAKNESS
If you buy ZQQ, you are buying all the stocks that have done remarkably well -- so timing is not good. He would look for a better entry point.
SELL ON STRENGTH
Gold stocks have done a terrible job creating investor wealth. The share price is basically where it was 30 years ago. If gold keeps going up, then the share price will go up. When interest rates go up, it will be the end of this gold run. He would suggest taking profit and going elsewhere.
DON'T BUY
The entire oil sector will continue to struggle. The only reason oil prices have rebounded is that Russia and OPEC agreed to cut production a bit. His view on the energy sector is that they no longer own anything in this sector. Cutting dividends or eliminated dividends are likely.
BUY ON WEAKNESS

INTC has always been a top pick for him. They are losing the contract with Apple, because the company will begin making their own chips. It will not have a massive impact on their bottom line. They do not own INTC right now. As the earnings have been cyclical, he is waiting for a pullback. It has a bullet proof balance sheet.

PAST TOP PICK
(A Top Pick Aug 15/19, Up 36%) They just came out with great earnings. It trades at 10 times earnings and 2.7% yield. He is still a very happy owner.
PAST TOP PICK
(A Top Pick Aug 15/19, Down 38%) He sold this about a month ago on the basis of them exiting all energy stocks. A great company, but they created an earthquake when they cut dividends for the first time since WWII. The whole sector is under incredible pressure.