Outlook2020-11-10T09:10:44-05:00

Monthly Newsletter – November 2020

By |December 2nd, 2020|

In November of 1942, Winston Churchill gave a speech which is much remembered for the following prediction: “Now this is not the end. It is not even the beginning of the end; but it is, perhaps, the end of the beginning”. History buffs will know that he was referring to Montgomery’s defeat of Rommel and the Africa Korps in Egypt, and they will also know that Churchill was largely correct. In this month’s newsletter, David talks about war against COVID-19 over the past year and how we may now be moving to the beginning of the end.

Monthly Newsletter – September 2020

By |October 2nd, 2020|

Paul Martin was Canada’s Minister of Finance in the mid to late 1990’s, when Jean Chrétienwas Prime Minister. When he came into office, Canada’s public debt had reached the dire and unenviable level of 100% of Gross Domestic Product (GDP), a level only previously seen in the aftermath of World War II. 

Monthly Newsletter – August 2020

By |September 2nd, 2020|

While we will never have all the answers needed for investing, the answers to three key questions will have a significant impact on the investing world. In this monthly update, David outlines these questions, the impact each will have, when he expects to have answers, and what investors should be doing as we await the outcomes.

Monthly Newsletter – July 2020

By |August 7th, 2020|

Understandably, people are concerned that the market is going to go down. The impact of the pandemic has created a high level of uncertainty and we do not know what will happen with this horrible and persistent disease in the remainder of 2020 and beyond. However, what we do know is that trying to time the market is not the answer. In this monthly update, David outlines the steps we are taking to protect your portfolios.

Monthly Newsletter – June 2020

By |July 7th, 2020|

David starts his monthly update with the aphorism “hours of boredom punctuated by moments of sheer terror” as an apt description of the markets so far this year. He includes some interesting charts to illustrate the extremes vis a vis prior periods and reiterates that our approach, as it has been in the past, was to not sell into a falling market. David also introduces 4 recent videos recorded by he and Barry which you can find below. Given that we have not been able to meet with you face to face, we thought that some short videos explaining our views on current circumstances may be of interest.

Monthly Newsletter – May 2020

By |June 2nd, 2020|

In this month's update, Barry indicates that, while the economic headlines are troubling and may very well continue to be so for many months, the stock market is forward-looking and is focusing its attention on the improvements in economic conditions that have occurred since April. Whether you look at gasoline consumption, railcar loadings or even the numbers of air travelers, you will notice the North American economy beginning its slow recovery.

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