Wall of Worry

It's been a tough couple of weeks in the markets and I think the reasons are best summed up by Bloomberg’s “Wall of Worry”.

There’s a lot of legitimate issues here and since I can’t address everything, I want to focus on what binds all these headlines together, fear. It can be difficult to measure em...
August 16, 2019 12:37 PM - Comment(s)
Q2 2019 Investment Commentary and Outlook

After 4 straight months of gains starting in January, markets pulled back in May as trade talks between the US and China deteriorated. June saw markets recover as the Federal Reserve signaled they would halt interest rate increases, and possibly cut them in order to stimulate the economy if nee...

July 05, 2019 02:03 PM - Comment(s)
Value vs Growth
Following the financial crash, we have been stuck in a relatively low-growth and low-interest rate environment. Given this backdrop, firms with better growth prospects have been extremely attractive for investors as they are able to borrow cheap and reinvest this capital into higher growth projects....
July 05, 2019 01:40 PM - Comment(s)
Q1 2019 Investment Commentary and Outlook
If you haven't already read last quarter's commentary, I suggest you do that first as we will be building on some of its topics below.

It’s hard to believe but just one quarter ago equity markets were off nearly 20% and financial pundits were predicting the end of this decade long bull market. What a...
July 05, 2019 01:32 PM - Comment(s)
Q4 2018 Investment Commentary and Outlook

The holidays are approaching fast, which means spending quality time with family and friends. If your family’s anything like mine, the markets are an inevitable subject of conversation. As such, I wanted to provide some investment commentary early so you can be well informed should the topic come up...

July 05, 2019 12:34 PM - Comment(s)