Publications
THIS LETTER IS MORE TECHNICAL AND COMPLEX THAN WE TYPICALLY WRITE BECAUSE THE MARKET IS PRESENTING US WITH VERY UNUSUAL CIRCUMSTANCES WHICH WE THINK NEED MORE EXPLANATION. IF YOU WOULD LIKE TO DISCUSS FURTHER, PLEASE...
There’s an old, popular rule of thumb that says that the fixed income component of our portfolios should represent our age, in percentage. So, for instance, a 60-year-old should have 60% of his or her...
Is this 1999? It sure feels like it… We don’t know how many of you remember the internet bubble which started in 1995, reaching parabolic ascension from late 1998 to 2000 before blowing up in...
The preferred shares sector has had a very difficult time in Canada over the past 12 months. The time has come to take advantage of an excessive decline in this asset class, according to Vincent...
The recent market volatility has probably caused quite a few headaches for some of you. If you can’t really rely on the media for reassurance, where can you find some peace of mind during market...
Initial public offerings, or IPOs, will be the name of the game in 2019, with several popular names going public, just as Uber did at the beginning of May. Beyond Meat, known in Canada for...
The S&P 500, the flagship index of the US stock market is approaching the psychological threshold of 3000 points, a peak it never reached. Does it mean that the US stock market is currently overvalued?...