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Why I’ve finally thrown in the towel on the TSX

Posted by Jeff Rubin on December 10th, 2014 under SmallerWorldTags: , , ,  • 2 Comments

Adherents of index investing in Canada have had a rough month as falling oil prices have inflicted considerable pain on not just the energy sector but the entire Canadian market. After surveying the landscape I’ve finally thrown in the towel on the TSX and switched my investing allegiance south of the border to the less [...]

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The downside of oil independence

Posted by Jeff Rubin on December 2nd, 2014 under SmallerWorldTags: , , ,  • 8 Comments

What a difference a couple decades can make. OPEC’s decision to maintain production has rocked the TSX, sending energy companies as well as governments scrambling to figure out what to do in a new world order where oil prices might continue to slide. Rewind to the energy crisis in the 1970s and a decision by [...]

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The Uncertain Future of Oil Demand

Posted by Jeff Rubin on November 17th, 2014 under SmallerWorldTags: , , ,  • 3 Comments

At a recent investment conference sponsored by Royal Bank and Suncor I spoke about the likelihood that billions of dollars of carbon assets will never see the light of day. Contemplating the idea of stranded assets isn’t in either company’s interests, so both deserve credit for providing a discussion forum for a topic that’s going [...]

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The newly filed application for TransCanada’s $12-billion Energy East pipeline project may as well have been wrapped in a Canadian flag when it was delivered to the regulator. It’s full of talk about freeing motorists in eastern Canada from their dependence on imported oil from volatile geopolitics locales such as Saudi Arabia, Algeria, Nigeria, and [...]

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If beaten up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last decade is now hobbling along at a snail’s pace and China is a [...]

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