Today, Brett Girard, CPA, CA, CFA commented about whether HLMA-LN, AOS-N, TMO-N, ATRL-T, STN-T, WSP-T, MG-T, LNR-T, CNR-T, CP-T, ABB-N, FTT-T, TIH-T, INTC-Q, CNQ-T, BAC-N, NFI-T, LFUS-Q, T-T, CLPBY-OTC, FTS-T, EMA-T, ROP-N, KHC-Q, NFLX-Q, LNN-N, NSRGY-OTC, UL-N, NEE-N, VRT-N, NVO-N, SVNLY-OTC, RY-T, TD-T, SFL-N are stocks to buy or sell.
Not just in Canada and the US, but the world abroad too. Intersection of politics and investing seems to be at the forefront of everything right now.
If we walk through the markets he invests in domestically, we don't have a leader. We have the folks who are vying for leader, as well as the provincial premiers working together to try to put something together to counteract what might be tariffs coming as soon as February 1. Lots of moving parts there.
If you look at the data, and see some of the claims being made by the Americans, there's a $45B trade deficit (more goods coming from Canada and going to the US). But if you back out the cheap energy that we sell them, there's actually a $45B surplus. That will have to get negotiated.
Looking at the US we're 2 days into Trump 2.0, and we have interest rates, GDP growth, inflation, US dollar strength. A number of different issues, and it will take some time (6-12 months) before we know how this all shakes out. Investors needs to be cognizant of all the executive orders and what the impact can be over time.
Europe is another area he's actively investing in. France is going through political turmoil, and its stock market was quite challenging last year. But this year, 3 weeks in, it's the best-performing market in the developed world.
Challenging 6 months. Price action is one thing, but if you drill down and look at the business, everything is going quite well. Recent manufacturer acquisition solidifies supply and shipping. US patent concerns, but to open that would open a Pandora's box on all patents, including domestic ones.
Very bright future. Opportunity to add.