Ryan Sims insights, thoughts, and analysis

  • Haircut

    30 plus years ago, Warren Buffett was quoted as saying ” Never ask a barber if you need a haircut”. I imagine if we modernized the saying to bring it into this millennium it would go something like ” Never ask a Tik Tok realtor if it is a good time to buy a house”.…

  • If, When, and How

    They say that everything works until one day it doesn’t. Today I believe was that day. This morning we had Canadian retail sales announced, and it was all around ugly. Not just your regular run of the mill ugly – this report started in the ugly tree, fell out of the ugly tree, hit every…

  • Inflation

    CPI was released this morning, and it came in a little lower than expected at 2.7%. The street had been looking for 2.9%. While this is a drop from the May inflation report, it is still uncomfortably high. Once you get out of the headline number though, it gets a little dicey. Unfortunately the items…

  • The Unknown Unknown

    There are 2 types of things that get used to make predictions in finance: The known unknown, and the unknown unknown. A known unknown would be something like GDP, employment reports, inflation numbers etc. We all know when the inflation report will come out, but we aren’t sure what it will be. We know it…

  • Here Comes The Repo Man

    Contrary to the title of the blog, we aren’t going to repossess anything. Quite the contrary actually. I can usually tell when people get nervous about a certain topic simply based on the number of emails I get to my inbox. This week was no exception after the BOC made an announcement on Friday: As…

  • Kevin Wants A Job Man…

    Jobs are the talk of the town this morning with both Canada and the US releasing June employment numbers. State side saw growth of 206,000 new positions. While this is a beat of the consensus of 200,000, it is well below previous months job gains, and is more evidence that things are slowing down. That…

  • The Liquidity Illusion

    There are times throughout history when the absolute worst of times was caused by something so innocent and inconsequential that it was hardly a blip on anyone’s radar. Initially the US sub prime crisis of 2007, morphed into the great financial crisis of 2008. What started as a small crack quickly snowballed into an event…

  • Walk the Plank

    As we look to head into the long weekend, it gives us time to reflect. Where is our business at, where was it supposed to be, and what changes can we make to tweak it here and there to finish the year strong. The best laid plans of mice and men seems to come to…

  • Between A Rock And A Hard Place

    It is fairly common knowledge now that Canadian inflation for the month of May was reported yesterday. Of course we saw a re acceleration of inflation in the month – and not by a little bit. There seems to be a lot of mis information around yesterdays report, with a lot of people saying inflation…

  • You Gotta Dance

    Sometimes in life things turn out for the good, and sometimes things turn out for the worst . How you decide to deal with it though will have more to do with the outcome than anything. In July of 2007, the CEO of CitiGroup – Chuck Prince made a comment at an investment bankers conference.…

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