Published by Richardson Wealth Asset Management on Jan 04, 2016
2015 turned out to be one of the most volatile and challenging years we have seen since the 2011 European financial crisis and it all happened with decent economic growth. The IMF and Bloomberg consensus among economists has global GDP expanding at 3... Read more Published by Richardson Wealth Asset Management on Dec 22, 2015
The S&P/TSX Composite Index (TSX) underwent rebalancing last week, the event was overshadowed by a meeting amongst the FOMC members but was meaningful for several Canadian stocks. The new additions were Kinaxis and New Flyer Industries, with four commodity... Read more Published by Richardson Wealth Asset Management on Dec 16, 2015
With the price of oil back down into the $30s, we have revisited our Ws thesis on the energy space. And while the vast majority of the news flow is negative, a number of interesting developments may indicate we are near one of the troughs in the Ws. In... Read more Published by Richardson Wealth Asset Management on Dec 15, 2015
This is an in-depth primer on the Tactical ETF strategy that was launched on the SMA platform in 2011. This report was published in Q1 of 2015. Click HERE Read more Published by Richardson Wealth Asset Management on Oct 20, 2015
O Wage Inflation, Where Art Thou? The labor markets have been improving steadily since the financial crisis. Some people would argue that the US is at or near full employment. Even so, there is one piece of the puzzle that is still missing…higher wage... Read more Published by Richardson Wealth Asset Management on Jul 23, 2015
In our post earlier this week titled The Broken Dollar - part 2, we laid out our rational to lower our Canadian exposure and increase our international weight, specifically by adding the iShares MSCI Japan ETF (EWJ) to two of our investor profiles. In... Read more Published by Richardson Wealth Asset Management on Jul 23, 2015
Earlier today we published a report on our view on the energy sector, how we believe the sector will trade given the excess supply and how we are trading the sector in our portfolios. Click HERE for the full report. Read more Published by Richardson Wealth Asset Management on Jul 19, 2015
The weak, and potentially short term oversold Canadian dollar, does have a silver lining in that it will help the Canadian economy which has been losing momentum. And while it may cause slightly elevated inflationary pressures, lackluster economic growth... Read more Published by Richardson Wealth Asset Management on Jul 19, 2015
This morning we watched the Canadian dollar flirt with the $1.30 level against the U.S. dollar (or $0.77 if you prefer). A level not seen since the flight to safety of the U.S. dollar during the financial crisis. That means the greenback has appreciated... Read more Published by Richardson Wealth Asset Management on Jul 10, 2015
It seems the headwinds, or body blows if you prefer, are taking an increasing toll on the equity markets. It may be a long time in coming, the S&P 500 has not seen a correction since 2012. Although that doesn’t mean all that much, nor does it mean we... Read more