Market Ethos - Peak Margins Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Aug 09, 2021 Strong sales growth this past earnings season helped push profit margins higher, helping more than offset rising costs. As sales growth begins to slow next quarter, based on consensus forecasts, margins may drop quickly if cost pressures persist. Click... Read more
Investor Strategy - S&P 500: 9 months, 9 record highs Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Aug 03, 2021 In this month’s Investor Strategy: Market Recap – America powers ahead Market cycle & positioning Reminiscent of the Nifty 50 Canadian Dollar China – time to get interested? Portfolio Construction – equal weight Click HERE Read more
Market Ethos - Gold has lost some of its mojo Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Jul 26, 2021 Gold has not been reacting normally to the recent drop in real yields. In this Ethos we share our views on the yellow metal. Click HERE Read more
Market Ethos - Investors are getting smarter Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Jul 19, 2021 Based on fund & ETF flows, investors did a much better job navigating the 2020 bear / recovery compared to past periods of market turmoil. Capitulation was not as evident and investors started buying into the recovery much sooner than normal. Well done... Read more
Market Ethos - Signal Vs. Noise Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Jul 12, 2021 Is the recent bond market signaling slowing economic growth or is it just noise? In this Ethos we share our view on yields and outlook. Click HERE Read more
Investor Strategy - 2021 Half time Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Jul 05, 2021 2021 is half over and given how markets have advanced, there should be a good half time celebration. In this Investor Strategy: Mid-year market recap – just keep swimming Asset Allocation – re-opening economy Asset Allocation – Market Cycle and positioning... Read more
Market Ethos - Normal is gaining momentum Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Brett Gustafson on Jun 21, 2021 With improving signs of mobility based economic data, spending on travel, leisure, dining out and patios is on the rise. Add this to continued elevated spending on durables such as autos and home improvements, could this be the roaring 20s? Time will... Read more
Market Ethos - Whistling past the graveyard Filed Under: Financial Planning | Investment Services | Portfolio Management | Total Client Experience | Wealth Management Published by Brett Gustafson on Jun 14, 2021 The bond market appears relaxed and whistling as it walks past the spiking inflationary data (aka the graveyard). In this Ethos we share both sides of the argument on higher or lower inflation going forward, plus of course our views. Click HERE Read more
Investor Strategy - Commodity Supercycle Unlikely Filed Under: Investment Services | Portfolio Management | Special Reports and Newsletters | Total Client Experience Published by Brett Gustafson on Jun 07, 2021 In this month’s investor strategy we tackled the debate as to whether or not the recent spike in commodity prices is the early innings of a commodity supercycle. Market recap – True North strong & free Asset Allocation – Market cycle & positioning Fixed... Read more
Market Ethos - CAD – a powerful concurrence of factors Filed Under: Financial Planning | Portfolio Management | Wealth Management Published by Brett Gustafson on May 31, 2021 In the long run, currency is usually a zero sum game. In the shorter term it can have pretty big impacts on portfolios. In this Ethos we share our updated views on the recent strength of the CAD. While it may not be over, the factors pushing the CAD higher... Read more