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
Market Ethos - April 16th, 2018 Published by Richardson Wealth Asset Management on Apr 16, 2018 The Million Dollar Question In this week’s edition we share an analysis that looks at all past recessions and bear markets since the late 1940s. If a recession is not going to start in the next six months, it is usually best to stick in equities. We also... Read more
Market Ethos - April 9th, 2018 Published by Richardson Wealth Asset Management on Apr 09, 2018 Cracks in the Foundation Widening Canadian houses have caught the eye of global investors following decades of consistent growth and all but a slight decline during the great recession. Then as home prices started catching fire, foreign money started... Read more
Market Ethos - April 2nd, 2018 Published by Richardson Wealth Asset Management on Apr 02, 2018 Energy Not Adding Up Oil prices are up nicely yet energy stock prices are in the doldrums. In this edition we share our views on the disparity between oil prices and the energy sector. Read more
Market Ethos - March 26th, 2018 Published by Richardson Wealth Asset Management on Mar 26, 2018 Two Months Into the Bear? Economists usually don’t tell us we are in a recession until almost a year after it starts and we don’t know we are in a bear market until well after it has started and gathered steam. In this edition we share our views on the... Read more
Market Ethos - March 19th, 2018 Published by Richardson Wealth Asset Management on Mar 19, 2018 Active Beat Passive in 2017? Well, it was bound to happen. Active managers, on an asset weighted basis, outperformed the index across large, mid and small cap for the U.S. market last year. In this ethos installment we dive into the S&P SPIVA report,... Read more
Market Ethos - March 12th, 2018 Published by Richardson Wealth Asset Management on Mar 12, 2018 Avoiding Mistakes While great ideas are a key ingredient to a successful investment process and often talked about, avoiding mistakes is probably as important yet receives much less attention. In this market ethos we share our approach to avoiding the... Read more