Market Ethos - June 25th, 2018 Published by Richardson Wealth Asset Management on Jun 27, 2018 Collateral Damage This week has mainly been devoted to the rising risk of trade protectionism. In this Ethos we share our views from the poor Canadian dollars perspective which has been under siege of late. Read more
Market Ethos - June 18th, 2018 Published by Richardson Wealth Asset Management on Jun 18, 2018 Behavioral Finance - Active Management's Next Frontier Active portfolio management is the quest to find and profit from mispriced assets. Yet most efforts are focused solely on the underlying investment, not the behavior of other investors that actually... Read more
Market Ethos - June 11th, 2018 Published by Richardson Wealth Asset Management on Jun 11, 2018 Does the Market Overreact? Markets often appear to overreact, not just at the index level but at the individual company. In this Ethos we take a quantitative look at big price moves and find the scenarios the market is likely to overreact to news or earnings... Read more
Market Ethos - June 4th, 2018 Published by Richardson Wealth Asset Management on Jun 04, 2018 Market Cycle Checkup U.S. employment drops, good data, rising yields, this is starting to look like a textbook cycle. In this Ethos we share our Market Cycle indicators which continue to indicate we are in the late cycle but still some room to run. Read more
Market Ethos - May 28th, 2018 Published by Richardson Wealth Asset Management on May 28, 2018 Time to Fade Cyclical Yield? Our focus on cyclical yield over interest rate sensitives has really helped our dividend strategies during this recent bout of rising yields. In this Ethos we share on views on the thematic and scenarios when we will begin... Read more
Market Ethos - May 23rd, 2018 Published by Richardson Wealth Asset Management on May 23, 2018 Machine Learning Meets Portfolio Management Machine learning and data science is gradually becoming a component of many investment managers processes. In this excerpt from two larger reports, we provide a brief introduction to the concept and how we used... Read more
Market Ethos - May 7th, 2018 Published by Richardson Wealth Asset Management on May 18, 2018 What is Risk? We often think of risk simply in terms of the equity markets, yet there are many kinds of investment risk. In this edition, we share other kinds of risk that may not be as popular but are becoming more important for investors. And new methods... Read more
Market Ethos - May 14th, 2018 Published by Richardson Wealth Asset Management on May 18, 2018 Mental Accounting From a behavioural perspective, how we account for things, even money, changes our decision making process. In this Ethos we share how mental accounting lead us to discover and develop an investment strategy targeting company spin-offs... Read more
Market Ethos - April 30th, 2018 Published by Richardson Wealth Asset Management on Apr 30, 2018 Talkin Earnings Earnings season is past the halfway point and while results have been great, market reaction has been muted. In this week’s report we share our views as to why and take a look at a troubling late cycle trend in margins. Read more
Market Ethos - April 23rd, 2018 Published by Richardson Wealth Asset Management on Apr 23, 2018 What Happens at 3.0%? U.S. 10-year Treasury yields are on the cusp of breaching the 3.0% level. This has proven a critical level dating back to 2013. In this report we share our views on inflationary pressures, bond yields and how markets may react. Inflation... Read more