Blog

Good day, While COVID-19 continues to spread, governments around the world are taking drastic monetary measures to prop up their respective economies. This week, investors tried to comprehend the impact these events will have on global markets. While the masses did more selling than buying this week (some sales were forced sales due to margin covering), billionaire […]

Good day, Over the last couple of years, we preached the importance of being defensive.  Why? Because equity markets were expensive and in some cases overvalued. It generally takes a catalyst for markets to retract and this time around it was/is the Coronavirus. How were we defensive? As I said last week, we don’t react to negative markets […]

Good day, Unless you’re hiding under a rock, you’re seeing equity markets selloff around the world.  As usual, it’s uncertainty that markets hate.  While the message from China is that they’re having some success in containing the virus locally, the spread in other parts of the world has worried investors.  I don’t believe the market […]

Good day, Over the past 18 months, I’ve been highlighting the importance of maintaining a healthy allocation to alternative investments such as private debt/credit and real estate.  Pension plans and institutional investors have been doing so for decades, meanwhile, retail investors have not had access to these investment vehicles in the past. One of our […]

Good day, Most of the market’s action during August was a result of the ongoing U.S.- China trade war along with reaction to President Trump’s angry tweets. The tweets ordered all U.S. companies to move out of China, while another scolded Fed chair Jerome Powell for not giving clearer guidance on the pace of interest […]

For decades advisors and investors alike have followed the “balanced” investment approached of holding +/- 60% in equities & +/- 40% in bonds.  The rationale was that equities would provide the growth in a portfolio while its fixed income allocation would soften the volatility impact of the equities while providing a healthy stream of income.  […]

Happy Friday, Coming off a strong rally in Q1, in Q2 stocks continued higher at a more moderate but still healthy rate with the S&P500 gaining 1.84% (in CAD) and the TSX Composite 2.59%. Equity markets were volatile in Q2 with April and June seeing strong rallies while May’s returns erased April’s gains.  The market […]

Good day, On the backdrop of what has been an odd first half of 2019, global stock markets rebounded in June as the US canceled tariffs on Mexico and the central bank’s sweet talk led to falling interest rates; the TSX Composite rose 2.52% while the S&P 500 rose 3.3% (in CAD). The Canadian Universe […]