Each week, our team publishes a blog and webcast.
September tends to be the most volatile month in the market. With many money managers on vacation during August, trading volumes tend to be quite thin throughout the summer. Upon returning to work in September, trading volumes pick up and volatility historically intensifies. Going back to the 1970’s, September is the only month that posted […]
We all gather information from different sources. To a historian, archives are invaluable. For a lawyer, case precedent is essential. With a reporter, eyewitness testimony is likely helpful. In our case, we’ve always preferred to gather information and generate ideas by listening to other people. Not just one or two individuals here and there, but […]
If you have ever owned a pet, you can attest that they’re part of the family. Few industries can boast about growing during the financial crisis. The pet industry, however, was one that did. As the chart below suggests, expenditures on pets, pet food, veterinary, and other pet services grew by a +6% compounded annual […]
The price of copper briefly topped $5.00 a pound in March, then fell over 35% to $3.20 several weeks ago. It has since rebounded back to about $3.60. Despite its selloff, partially driven by China’s zero-COVID policy, the fundamentals for copper look very strong in the years ahead. China’s zero-COVID policy is testing the patience […]
Because of the financial crisis and the unprecedented money-printing exercise that followed, Bitcoin was created in 2009. Given the heightened distrust for public institutions – namely the government and its central banks – the new cryptocurrency allowed transactions to take place without financial institution involvement as well as anonymously from the prying eyes of the […]
Once the average gas price surpassed the psychological $2.00/litre here in Ontario, demand destruction started to take shape. A Leger survey conducted in May found that 66% of Canadians were either cancelling their trips or amending their vacation plans amid higher gas prices. That road trip from Toronto the Halifax no longer made much sense. […]
Last Friday, the U.S. Bureau of Labor Statistics (“BLS”) said 372,000 jobs were added during June, far exceeding the 250,000 new jobs that economists had guessed. Almost immediately, investors feared the economy is stronger than believed, inflation will keep rising, and the Federal Reserve will have no choice but to continue hawkishly raising interest rates […]
The latest reports pegged inflation at 8.6% in the U.S. and 7.7% here in Canada. While price growth has been mostly broad-based, higher energy costs are by far leading the way, up 35% both north and south of the border. Excluding energy, inflation in Canada would have been 5.8% last month. Oil is 10% Off […]
Recently, the Bank of America published a new report discussing the relationship between women and money. The report concluded that while 94% of females believe they will be personally responsible for managing their own finances at some point, just 48% are confident doing so and only 28% feel empowered to act. 94% Believe they will […]
According to a recently published Manulife survey, Canadians are so concerned about rising interest rates that many feel they will have no choice but to sell their house. The survey was in the field between April 14 and April 20, 2022. Its sample size exceeded two thousand participants between the ages of 20 and 69 […]
