Published by RGMP Asset Management on Dec 17, 2018
We usually don’t put too much stock in simple market comparisons, but there are many similarities between 1998 and today. Slowing emerging markets dragging down global growth, roughly year 9 of a bull market, the list goes on.... Read more Published by RGMP Asset Management on Dec 10, 2018
Loss aversion dictates we feel the pain of losses more than the pleasure from equal sized gains. Given this, checking in on portfolio performance too frequently can actually be emotionally draining and often lead to poor decision making.... Read more Published by RGMP Asset Management on Dec 04, 2018
In this Ethos we discuss the January effect, one of the more reliable seasonal patterns. One contributing factor for this pattern is tax loss selling in Canada. This can easily be seen in the Dogs of the TSX which seem to experience it more.... Read more Published by RGMP Asset Management on Nov 26, 2018
Valuations have contracted considerably this year given the recent market sell-off and continued positive earnings growth. In this Ethos we take a look at the compressing market multiple plus some insights into relative valuations.... Read more Published by RGMP Asset Management on Nov 19, 2018
The majority of positive equity market returns come at the beginning and end of bull markets. In this Ethos we take a look at past bull markets, our market cycle framework looking back in time and the current health of the market.... Read more Published by Richardson GMP Asset Management on Nov 17, 2018
In this week’s Ethos, we take a deep dive into Loss Aversion, how this tends to make investor behave irrationally and how that can impact investing.... Read more Published by Richardson GMP Asset Management on Nov 17, 2018
This report takes a look at long term correlations between equities and bonds, given the recent softening of the negative correction investors have enjoyed over the past few decades.... Read more Published by Richardson Wealth Asset Management on Oct 30, 2018
Halloween Corrections are a Little Scary, Debt is Scarier In this Ethos we touch on why the current correction isn’t as scary as the ballooning of corporate debt. If you would like a good Halloween scare, this Ethos is for you. Read more Published by Richardson Wealth Asset Management on Oct 22, 2018
Unloved Oil In this week’s Ethos we share our views on the very wide spread between oil prices in Alberta and in the U.S. There are many short and long term contributing factors that may offer opportunities. Read more Published by Richardson Wealth Asset Management on Oct 12, 2018
Well That Escalated Quickly Given the strong market sell-off yesterday and continued weakness today, we have published an early Market Ethos this week. In this report we share our views on the market weakness, what our Market Cycle indicators are telling... Read more