Quarterly Newsletter

Our broader perspective on recent market activity, key investment highlights, and the outlook for the next quarter.

Quarterly Focus – Q2 2021

The following is an excerpt from the quarterly newsletter distributed to clients. Covid – one year later Although the COVID-19 crisis continues to exact its horrible toll around the world, from the perspective of markets at least, COVID has been in the rearview mirror for over a year now. That statement may surprise many people; […]

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Quarterly Focus – Q1 2021

Stocks and other risk assets experienced strong returns during the fourth quarter of 2020 as a relatively benign US presidential election outcome coupled with multiple COVID vaccine…

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Quarterly Focus – Q4 2020

The following is an excerpt from our quarterly newsletter distributed to clients. Strong Markets, Encouraging Shifts The third quarter was a strong one for most asset markets, with stock markets in the US leading the way. The S&P500 rose 8.5% (6% in C$ terms) while in Canada, the TSX rose 4%. The quarter was characterized […]

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Quarterly Focus – Q3 2020

The following is an excerpt from the quarterly newsletter distributed to clients. During the second quarter, global markets staged a powerful rebound from the COVID-19 induced declines experienced in March. As a reminder, the 35% market declines from their highs earlier this year were as quick and violent as anything seen since the 1930s. Although […]

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