Commercial real estate is the next domino Published by Hilliard MacBeth on Mar 31, 2023 If there is another shoe to fall for the troubled regional banks, commercial real estate is a likely catalyst. Reports arrive daily that many sectors, especially office towers, continue to struggle to meet their commitments. Regional banks hold most of... Read more
Central banks must choose between fighting inflation and saving the banks Published by Hilliard MacBeth on Mar 24, 2023 Central banks, especially the Federal Reserve, are caught between a rock and a hard place. It seems that they might have to choose between saving the banking system and fighting inflation. Their recent statements, until this week, indicated that they... Read more
Canadian banks are different but not immune Published by Hilliard MacBeth on Mar 17, 2023 Several banks made headlines this week. The Silicon Valley Bank of San Francisco was wound up after deposits fled. First Republic Bank, also of San Francisco, got into trouble and was rescued. Credit Suisse received government aid. Are Canadian banks... Read more
Warren Buffett speaks and smart people listen Published by Hilliard MacBeth on Mar 10, 2023 The world’s most successful long-term investor, Warren Buffett, writes an annual letter to shareholders about investing and the recent performance of his investment vehicle, Berkshire Hathaway. This year’s letter came out last weekend, and like always... Read more
Tesla live investor event disappoints Published by Hilliard MacBeth on Mar 03, 2023 Tesla presented a live event for investors this week and got a mixed reaction. Was this March 1 event a flop? In a four-hour marathon event, various Tesla employees presented on almost every aspect of their company. First, Musk outlined a vision for how... Read more