A History of our Client Communications


The "Our Blog" section of this site is a historical catalogue of our personally written weekly client emails.  Clients might find this database to be a useful reference, while visitors and potential clients might like to review the consistency and depth of our general messaging.  Weekly updates from December 2018 forward to present day are currently available.  Older vintages will be added as we're able.

 


 

In a Quiet Week, Here is the 30,000 Foot View

Feb 14, 2020 |Nick Scholte

As always, the number one "bogey" we are trying to avoid is recession. Absent a material worsening of the coronavirus outbreak, we don't see recession as our base case for 2020. Portfolios are positioned accordingly.

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Woulda, Coulda, Shoulda... But Comfortable I Didn't

Feb 07, 2020 |Nick Scholte

As expected, Manufacturing has indeed rebounded and confirmed strengthening economic readings elsewhere. But coronavirus concerns keep me from adding back equity. This may change early next week.

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Coronavirus Concerns Continue to Dominate Market Sentiment

Jan 31, 2020 |Nick Scholte

This likely will remain the case until a material slowdown in the transmission rate occurs. Nevertheless, while the ultimate market and economic impact is unknown, past precedent suggests it will be fleeting. Interesting links included.

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After a Good Run, Markets May be Due for a Correction - Might the Developing Asian Viral Outbreak be the Catalyst?

Jan 24, 2020 |Nick Scholte

Whatever the answer, corrections are normal and healthy in ongoing bull markets. No overt defensive measures are anticipated, although a concessionary delay in putting past defensive proceeds back to work is being considered.

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The U.S. and China Officially Sign a Phase 1 Trade Deal, While Regional Manufacturing Data Provides Hope for a Marked Improvement in the National Survey Next Month

Jan 17, 2020 |Nick Scholte

All considered, the decision to add back some equity to client portfolios is looking ever more imminent.

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A Closer Look at the Significance of Manufacturing, While the Airline Trajedy in Iran Hits Close to Home for Canadians

Jan 10, 2020 |Nick Scholte

Also, Chinese Vice Premier Liu He will be in Washington next week to officially sign the Phase 1 Trade Agreement recently reached between the U.S. and China.

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Economics "Trump" Presidential Elections and Middle East Tensions

Jan 03, 2020 |Nick Scholte

That said, RBC is fortunate to have Helima Croft as our Global Head of Commodity Strategy - her insights on the Middle East are peerless.

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Impeachment? Absent a Bombshell Development, it's Irrelevant to the Markets

Dec 20, 2019 |Nick Scholte

This week I received a handful of client queries about the potential impact of impeachment on markets. When a few ask, it's inevitable that many more are wondering. Set your minds at ease, absent a bombshell development, it's sure to have no impact.

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In a Week of Important Developments, Perhaps the Most Important is One You May Not Have Heard About

Dec 13, 2019 |Nick Scholte

Yes, there were important trade developments and UK election results; but, moving forward, how the Fed targets inflation may be a game changer

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Economic Troughing Continues, While a Recovery Awaits Further Confirmation Beyond Employment

Dec 06, 2019 |Nick Scholte

Specifically, the ISM indices might be signaling a "U" shaped troughing pattern, while employment achieves a lofty standard not seen since 1969. Meanwhile rhetorical bluster continues on the trade front - ignore the bluster.

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