2017

Smarten Up Morneau

Good day, Being a politician means you need to be a marketer. This isn’t new, but don’t treat people like children – you’re doing yourself a disservice. The Liberal Tax Update Delivery Strategy Step 1 – Let’s not tell them what we’re going to do all in one shot. Let’s stagger it over a few […]

2017

September Saves the Quarter

Good day, We continued to see downward pressure on the US dollar in the 3rd quarter with a 4% total decline in July and August bringing the year to date decline to just under 7%. This made for a difficult summer as the decline negatively affected portfolio performance for Canadian investors holding US securities. The […]

2017

Currency War Part 2

Good day, In my last commentary, I wrote about the impact the loonie’s rapid appreciation has had on Canadian investors holdings US securities. While the S&P500 has climbed roughly 13% year-to-date, the rapid rise in the Canadian dollar has eroded nearly all such gains. Prior to 2017, the Canadian dollar had gradually declined against the […]

2017

Currency War Part 1

Good day, As the loonie has been the world’s best-performing currency year-to-date, this has beaten up the Canadian investor diversified into international securities. Millions of Canadians are likely looking at their portfolio statements wondering why YTD figures aren’t that exciting when the S&P 500 has had strong returns. It’s worth noting that international diversification makes […]

2017

WIP Outperforms

Good day, Please find comments from Bill Richardson below: Hello everyone. Hope all is well. Markets have continued their unsettled way so far in August with investors reacting to various headlines in the media. First, it was the talk of market overvaluations – specifically Technology, which led to a sell-off and then a subsequent rebound. […]

2017

The Power of Agility

Good day, Political tensions have plagued this planet for thousands of years, yet major global economies continue to thrive. That said, markets react to world events both positively and negatively and properly positioned investors can both manage risk and thrive. By being invested in investment programs that have the capability to act on a whim, […]

2017

Book Your Vacay Now

Good day, The Dow continues to set records this week, but we Canadians aren’t feeling the love on our statements given the rising loonie. Our US picks have climbed as a whole, confirming that our diversification into the US economy is prudent. Foreign exchange is difficult to predict and hiding in Canadian stocks is a […]

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