The Incomparable Recession Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Alexander Tjiang on May 19, 2020 This is a very different recession. Self induced, early policy response and with the pain so far hitting primarily services, all combine to make comparisons with past cycles much more problematic. There is good news though. Click HERE Read more
Guiding into the Abyss Filed Under: Investment Services | Special Reports and Newsletters | Wealth Management Published by Alexander Tjiang on May 11, 2020 First-quarter earnings season is wrapping up with about 90% of constituents in America having reported. Canada is a little farther behind at 70%. As you would imagine, outside of firms providing video conferencing, e-commerce, disinfectant manufacturing... Read more
Investor Strategy - The Great Bounce Filed Under: Financial Planning | Investment Services | Portfolio Management | Total Client Experience | Wealth Management Published by Alexander Tjiang on May 05, 2020 This week is our monthly strategy update for May, covering off markets, our thoughts and positioning. Highlights include: Fade the bounce – as the policy lift fades, we have months of bad economic and earnings data to get through. Trimmed risk – our recommended... Read more
Body Blow to Value & Small Cap Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Alexander Tjiang on Apr 27, 2020 In this week’s Ethos we dive in to factors such as style, size, etc. Value and small cap have not done well of late while momentum continues its run. Read More Read more
Currency, Gold & The Other Side Filed Under: Investment Services | Portfolio Management | Wealth Management Published by Alexander Tjiang on Apr 20, 2020 In this week’s Ethos we provide our updated thoughts on currency, namely the USD and USD/CAD. Plus, given our bearish medium term view of the USD, gold remains popular although the easy money may have already been made. Read More Read more