Our succinct perspective on key investment and wealth-related issues. Five key takeaways from our “Macro meets Micro” evening with David Rosenberg and Jeff Hales Last week we welcomed our clients and friends to the Park Hyatt for a lively discussion between economist and founder of Rosenberg Research, David Rosenberg and Focus’ own portfolio manager, Jeff […]
The following is an excerpt from the quarterly newsletter distributed to clients. Q2 2024 – The Return of Exuberance The global economy once again remained resilient this quarter. After several years managing dislocations caused by the COVID-19 pandemic and the commodity price shock from the war in Ukraine, policymakers have largely restored price stability. Inflation […]
Our succinct perspective on key investment and wealth-related issues. Markets & Wealth 2024 Presentation At the annual Markets & Wealth event last week, the Focus team shared their insights on the current investment environment, as well as how we are positioned to navigate the future. The investment panels touched on public equity and fixed income […]
The following is an excerpt from the quarterly newsletter distributed to clients. Q1 2024 – Return of Hype Market mood rose in the first quarter of 2024. Between benign inflation and resilient economic performance in advanced market economies, investor optimism broadly improved. Central banks tried to temper the most aggressive of expectations, arguing the battle […]
Our succinct perspective on key investment and wealth-related issues. Looking to History to Understand the World Today Ted Conrod, President at Focus, recently hosted an exciting evening with one of Canada’s preeminent historians and an acclaimed author, Margaret MacMillan. Unquestionably, with conflicts raging in Europe and the Middle East and 70 nations (representing over half the […]
The following is an excerpt from the quarterly newsletter distributed to clients. 2023: I beg your pardon, I never promised you a recession 2023 was another wild and unprecedented year in the investment world. To paraphrase Voltaire, we have seen so many extraordinary things in the past ten years that nothing seems extraordinary anymore. Although […]
Our succinct perspective on key investment and wealth-related issues. Inflation and Interest Rates: “Higher for Longer” or “Lower, Sooner”? James Stellick, Managing Director at Focus, recently hosted an evening with David Rosenberg, Founder & President of Rosenberg Research. In front of over 100 guests at the Park Hyatt Hotel, David delivered a thoughtful thesis as […]
The following is an excerpt from the quarterly newsletter distributed to clients. Steady as the tide goes out The global economy withstood pressures again this quarter. Despite ongoing monetary policy tightening by central banks and recessionary fears, growth remained resilient (albeit slower). Policy makers continue efforts to bring inflation under control, a journey that is […]
Our succinct perspective on key investment and wealth-related issues. Planning strategies to keep the peace One of the best kept secrets in North America is the Muskoka Lakes. Ontarians know them. New Yorkers, too. But much of the rest of the continent is blissfully unaware of the watery treasure that resides just north of Toronto: […]
The following is an excerpt from the quarterly newsletter distributed to clients. Looking Back, Moving Forward March 2023 marked an important anniversary for investors. We are now three years from the COVID-lows in financial markets, when a novel virus erupted onto the world stage, causing a global pandemic and shutting down the global economy. It […]