Brendan Caldwell

Yes, but unduly confident. We saw GDP numbers from the US yesterday, and they were more than 50% higher than expectations. Earnings are still robust, and stock markets are at record highs. The Fed may have tamed inflation, but the next logical step isn't that we're going back to 0% interest rates. In this environment, it just ain't gonna happen.

Either the market's going to be disappointed, or it will come to accept the rates as they are. This is something that's closer to normal where people have to pay to borrow money, rather than what's been going on the better part of 20 years.

Yes you have 5%, give or take, on CDs and GICs, so they're a viable alternative to the stock market. Why do I need the stock market if I can get 5% from a GIC? The same sort of issue happened 40 years ago when interest rates went up precipitously to 20%, so people put money into Canada Savings Bonds that reset every year. 

There are 2 options. If you really believe interest rates are coming back down again, buy longer bonds. But with an inverted yield curve, where longer-term rates still lower than shorter-term rates, others are choosing GICs. 

If interest rates are coming down, you can ignore both of them and just own the stock market. Whether interest rates go up or down, companies with good strong earnings are in a position to raise their earnings and dividends. So you're better off in the stock market than in either bonds or bank deposits.

Doing some things well. Probably good that its EVs are going to use TSLA bollards. Wonderful brands. Will benefit from onshoring of America. But once you've opted to adopt your competitor's technology, writing might be on the wall.

Peter Lynch says buy what you love, however.... Compared to the US, he loves to fly AC. Difficult weather in Canada, hard to keep on schedule. Costs are higher, relatively small market. Travel business has done well, just not AC.

Has no idea when it's going to bottom. Whole farm sector's had a rough time. Company's not going away. There will be a turn. Wouldn't be surprised if this turned out to be one of the best TSX performers in 2024.

Alternative energy companies haven't done well. Whole uranium sector's been doing well. With the Russia-Ukraine conflict, Canadian uranium's at a premium. A secondary play, may end up doing well. He prefers CCO.

If not the best, one of the very-best-performing commodity stocks in Canada. With the Russia-Ukraine conflict, Canadian uranium's at a premium. Canadian uranium good, Russian uranium bad. Likes nuclear power, low on greenhouse gases, reliable, doesn't depend on wind or sun.

The environmental, energy-conscious people tend to dismiss the nuclear power option, because it's nuclear. It has really the only possibility of providing sustainable, cheaper, renewable power for a long time. It's dependable. He likes the sector for 2024.

Thought with resurging energy prices and the thrust to renewable energy, that the sector would be better. Renewable power still worthwhile. Company and sector got over their skis. He largely sold. Bounce back won't be quick.

Mid-cap energy stocks have been strong, even with reduced fund flows from pension and ESG funds. WCP and ARX will continue to do well.

Never sell just for tax reasons. Whenever he's done this, it's been a mistake. Instead, ask yourself if your thesis still holds for owning the stock? If yes, hold on. If not, let it go.

Mid-cap energy stocks have been strong, even with reduced fund flows from pension and ESG funds. WCP and ARX will continue to do well.

Never sell just for tax reasons. Whenever he's done this, it's been a mistake. Instead, ask yourself if your thesis still holds for owning the stock? If yes, hold on. If not, let it go.

Mid-cap energy stocks have been strong, even with reduced fund flows from pension and ESG funds. WCP and ARX will continue to do well.

Never sell just for tax reasons. Whenever he's done this, it's been a mistake. Instead, ask yourself if your thesis still holds for owning the stock? If yes, hold on. If not, let it go.

He doesn't set target prices as such. Rather, goes for companies with strong earnings and price momentum. Stock still has legs left in it.

Has been fairly flat. He owns and prefers SU in the senior sector. He also likes the mid-caps a bit better.

His preference in the space, over CNQ.