The Back Half (of 2022)

June 30, 2022 |Mike Allington

The past few weeks have seen a noteworthy development with inflationary concerns overshadowed to some extent by growing fears around a recession. With the first half of 2022 coming to a close, we provide some thoughts on the second half of the year.

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Sales matter, so do costs.

May 19, 2022 |Mike Allington

Global equities remain under pressure. Investors are grappling with a host of headwinds that are beginning to challenge the earnings growth outlook. Results from some consumer companies suggest the operating environment has become more demanding.

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Volatility and Silver Linings

May 10, 2022 |Mike Allington

Volatility has picked up noticeably in recent weeks, with rather large swings higher and lower. We offer some perspective on the recent market turbulence, address the issue of inflation expectations, and discuss a silver lining.

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The good, that bad, and the earnings...

April 29, 2022 |Mike Allington

It has been a challenging few weeks for global equity markets, with most having been relatively weak of late. There’s no one factor to blame. We share some thoughts on the first quarter earnings results which are now about halfway complete.

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Proceed with Caution?

April 01, 2022 |Mike Allington

Volatility has been more subdued in recent weeks, while bond yields and equity markets have continued to grind higher, despite the first inverted yield curve since 2019.

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Earnings Matter

January 21, 2022 |Mike Allington

The new year has gotten off to a poor start. The main culprit has been raising bond yields. Much of the weakness has been focused in the growth pockets. We discuss why earnings may play a more important role going forward in driving equity returns.

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What's in store for 2022?

December 10, 2021 |Mike Allington

Global equity markets have been able to shrug off some of the uncertainties posed by the new omicron variant and are once again flirting with their highs. Risks posed to the economy may be small. We'll offer some thoughts on the year ahead.

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How much a litre?

October 15, 2021 |Mike Allington

Global equity markets continue to digest the news. The supply chain bottlenecks that are plaguing multiple industries are top of mind. Below, we discuss the energy industry, which is experiencing a resurgence driven by its own supply issues.

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Orderly Disorder

October 01, 2021 |Mike Allington

Volatility has returned after having been absent from the investing landscape over the past few months. As a result, many global markets have experienced some pressure in recent weeks, although the bouts of weakness have been orderly in nature.

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Glass Half Full With Tempered Expectations

August 20, 2021 |Mike Allington

Global markets have been relatively resilient through a summer period that has had its fair share of uncertainties. The outlook remains constructive, but investors may want to temper their expectations with respect to investment returns.

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