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 Published by Richardson Wealth Asset Management on Oct 01, 2018
Bond Yields Rising With U.S. 10-year Treasuries back above 3.0%, this week’s ethos shares our view on the direction of yields going forward and the implication for asset allocation. Read more Published by Richardson Wealth Asset Management on Sep 24, 2018
Market cycle: good but getting skinny The current market cycle can be described as being “rather mature”. In this Ethos we examine our Market Cycle Framework, which while getting skinny remains supportive and well above the danger zone. Market breadth... Read more Published by Richardson Wealth Asset Management on Sep 18, 2018
The Anatomy of a Bubble Revisited: How High? We believe three factors drive stock prices: fundamentals, technical analysis and human behaviour (market psychology). Fundamentals tend to play out and are the driving force of long-term results, technical... Read more Published by Richardson Wealth Asset Management on Sep 10, 2018
As facts change, so do our views We have been long-time proponents of rising rates, that equity portfolios should be tilted heavily toward cyclical yield and limit exposure to interest rate sensitive companies. Cyclical yield companies are more sensitive... Read more