Investor Strategy: Mid-year check: Everything ‘K? Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on Jul 06, 2023 At the moment, it appears both the economy and markets are K shaped. Take the economy; some aspects are going really well. Spending on services remains robust, thanks to pent-up demand and still resilient labour markets. Meanwhile, manufacturing and other... Read more
Market Ethos - Dancing sober rarely lasts Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on Jun 28, 2023 If the punch bowl is stimulus, it is safe to say that over the past number of years the market has become rather hooked on this sweet, intoxicating elixir. Quantitative easing, rate changes and twists all had pretty big impacts on stock prices, both up... Read more
Market Ethos - What's driving dividend divergence? Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on Jun 21, 2023 The headlines are currently dominated by stories or ‘financial explanations’ about the jump in U.S. equities as they enjoy one of the best weeks in months. AI, Fed pausing rate hikes, some decent economic data, and improving breadth are the most prevalent... Read more
Market Ethos - It's priced in...or is it? Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on Jun 13, 2023 Have you ever heard the words “it’s priced in,” referring to the market or an investment pricing in some sort of potential negative event? The TSX is trading at 13x earnings estimates, historically low for this index, clearly pricing in some uncertainty... Read more
Investor Strategy: Foot off the gas and hover over the brake Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on Jun 09, 2023 The market advance certainly supports the bulls, as does continued strong employment and recovery signs in housing. On the other side are the bears, highlighting the narrow breadth and weakness in many forward-looking economic signs pointing to recession... Read more
Market Ethos - Going for gold Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on May 30, 2023 For the third time in as many years, gold is brushing up against the US$2,000 per ounce zone, which of course raises the question whether this resistance level will hold once again or will the yellow metal finally break out. For any investor who has invested... Read more
Market Ethos: Selling the tip Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on May 30, 2023 May 23, 2023. In this week's Market Ethos, we discuss leaning more towards 'selling the tip', or perhaps 'trimming the tip'. Shorter-term, maybe... Click here to access the report Read more
Market Ethos - The market is saying something Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on May 30, 2023 Over the past few weeks, we would say the news has been tilted solidly towards the ‘good’ side. The world’s largest central bank (Fed) effectively announced the cessation of rate hikes, ending a fourteen-month journey that raised overnight rates from... Read more
Market Ethos - Know when to lean Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on May 09, 2023 Good news – the world’s largest central bank hit the pause button on rate hikes last week. After embarking on a rate hiking cycle in March of 2022, it would appear the Fed is done for now after hiking from 0.25 to 5.25%. Yay! And what did the market do?... Read more
Investor Strategy: Whistling past the graveyard Filed Under: Investment Services | Portfolio Management | Wealth Management Published by RWL on May 02, 2023 The good news is that even though there are signs that the economy is cooling, it does not look like it is falling over a cliff anytime soon. Three months, six months, or a year from now, is when things may look very different economically. And while... Read more