And truth be told our significant others got tired of listening to us wax on about financial happenings. So this section of our site was created to play host to our predictions, musings and interpretations of what’s happening in the market.
...investment opportunities will present themselves, regardless of how poor the economic environment looks like at the time.
The capital markets continued their road to recovery in the third quarter, albeit with some gut churning volatility. Investors who were able to withstand the quarter’s instability, were rewarded with decent growth in their portfolios.
Returns are a tricky thing to forecast, but we have some insights on how moving away from traditional asset classes can better help you predict your returns.
The market recovery in the second quarter of 2020 may go down as one of the most unexpected in the annals of history. Investor pessimism at the end of March was even worse than during the financial crisis, which was not surprising given how poor the economic prospects looked.
March saw massive economic disruption with the spread of COVID-19, cases increased rapidly in North America and many countries implemented lockdown measures to flatten the curve.
We understand that these are trying times, and it can be overwhelming to understand the benefits available and how to access them. There are resources available to both individuals and businesses who have been impacted directly or indirectly by COVID-19 from the Government of Canada.
A black swan is an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. Unfortunately, that is the situation we currently find ourselves in.
Firstly we would like to begin by saying our hearts go out to all of those across the world that have been impacted by the Novel Coronavirus (COVID-19) and we have confidence in the government and public health agencies that are working hard to slow the spread of the virus.
In the 1993 movie Groundhog Day, the main character finds himself reliving the same day, over and over again. That accurately describes how we’ve felt writing this commentary over the past year. While the quarters may change, everything else remains the same.
With this outlook, we will focus on our longer-term view of the capital markets and the implications. While many investment gurus of the past have seen their fortunes wiped out by believing that “it’s different this time”, we do believe the world of portfolio management has changed and is becoming more challenging.
Despite the fact global economic growth was clearly slowing, the US Federal Reserve (The Fed) remained very hawkish.
...we want to figure out where the economic data is heading, not where it has been.
...when we look back at the decade as a whole, respectable gains were made. In fact, there was an unexpected beauty in the faultiness.
As the days get shorter and the temperature drops, it is time to hygge – head inside, light some candles and snuggle up. This Danish verb (pronounced WHO-guh) has no English equivalent but describes an environment where amid the warm glow of firelight one is cozy, content and connected.
Volatility is back! January started off very positive, however the combination of a strong US payroll report, surging bond yields and trade wars (both real and threatened) triggered a dramatic market sell-off and subsequent weekly reversals.
At the start of the year, the stock market was very strong as corporate earnings were revised upward on the back of the approval of US tax cuts.
The main factor that effected portfolios in Q3 was currency. This resulted in negative attribution for USD-based assets.