Thoughts on the Market
Facts vs. Predictions
February 5, 2025 - Maddy BoddenAfter a strong year in 2024, our thoughts now turn to the year ahead. The number one fact that very few predicted would actually come to pass was the US placing a 25% tariff on Canadian goods and 10% on oil and gas. The threat of tariffs had been widely seen as a negotiating tactic as the potential damage to both countries could be massive and is in violation of established trade agreements. With some last-minute negotiations, the tariffs have been avoided and Canada will be bolstering its border security and drug enforcement...
Read MoreRelativity and Investing
December 3, 2024 - Maddy BoddenLeonard Susskind, the noted theoretical physicist, famously quoted that Einstein proved that different observers, in different states of motion, see different realities. The markets are constantly in motion. Whether it is earnings, news, rumors, or just normal daily activity, every stock is reacting both to its own forces and in relation to the overall direction of the market. How any of those data points are perceived by the market is dependent on the intentions of the observer.
Read MoreThe Alignment of the Stars
October 21, 2024 - Maddy BoddenIn the children’s fantasy novel, Peter Pan, these are the directions to Neverland, home of Peter Pan and the Lost Boys. With investing, it is often difficult to know which star to follow as the investment horizon is ever changing, and never totally clear. In recent months, market focus has shifted among inflation, interest rates, corporate earnings, and even politics. All these items can have a profound effect on markets that must be carefully navigated. This month, we will review these points to determine the best investment path forward.
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