Derrick's market commentary

“Democracy is two wolves and a lamb voting on what to have for lunch!” Ben Franklin The second quarter witnessed another uptick in volatility. US markets had a healthy pullback of almost 7% in May which was entirely gained back in June. In fact, June...

“If political tensions and interest rate fears continue to subdue in the early months of 2019, I expect the Grim Reaper outlook to be replaced with a Goldilocks one”. Derrick Lahey, January 2019 For the second quarter in a row, “what a difference a quarter...

“Everybody has a plan until they get punched in the mouth!” Former heavyweight boxing champion and philosopher, Mike Tyson All investors got punched in the face in 2018 with every major asset class posting losses last year. Global stocks, bonds, real...

It’s been a challenging couple of months for investors as the market correction that began in early October continues to drag on. Attached is an update from RBC Wealth Management providing our view on the health of the economy and outlining why we believe...

"It's a little like wrestling a gorilla. You don't quit when you're tired. You quit when the gorilla is tired." Robert Strauss As the third quarter closed off, we learned that an agreement was struck to create an updated version of the 25 year old North...

The real big money in the investment world-the dependable money, the safe money-is not betting that the things that have gone up a lot will continue but on betting that the things that have gone down and become unloved will rebound.

Trade wars are good. And easy to win!

Actually, throughout my life, my two greatest assets have been mental stability and being, like, really smart.

“To improve is to change; to be perfect is to change often.” Winston Churchill One of the main stories this year continues to be the changing value of the Canadian dollar. As discussed in my last update, the Bank of Canada caught everyone off guard by...