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.

 


 

The Bank of Canada Addresses Lagging Canadian Productivity

March 28, 2024 |Nick Scholte

In fact, Senior Deputy Governor, Carolyn Rogers, calls the lack of productivity growth an "emergency".

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Portfolios Have Been Tilted in Modest Favor of U.S. Equities

March 22, 2024 |Nick Scholte

Greater U.S. economic growth versus stagnating Canadian growth (and actual declines in per capita Canadian GDP since 2019) argue in favor of this adjustment.

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Contemplating a Possible Shift Toward Modestly More U.S. Exposure

March 08, 2024 |Nick Scholte

In spite of political and cultural division, the U.S. enjoys some structural economic advantages when compared to Canada. Portfolios may be modestly tilted in favor of recognizing these advantages.

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Push, Pull and Shove

March 01, 2024 |Nick Scholte

The jostle amongst economic data, inflation and expectations for interest rate policy continues. As described herein, bad news is once again being treated as good news.

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More Discussion on the U.S., Including a Trade of One U.S. Banking Stock for Another

February 23, 2024 |Nick Scholte

JP Morgan brushed up against our analyst target; it was replaced with U.S. Bancorp.

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Yes, U.S. Inflation Surprised Higher this Week, but There is Still Very Sound Rationale for Significant Portfolio Exposure to our American Neighbours

February 16, 2024 |Nick Scholte

The U.S. was a relative economic outperformer in 2023, and is likely to duplicate the feat in 2024.

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Proper Geographic and Stylistic Diversification Remains Key

February 09, 2024 |Nick Scholte

Only dividend payers or only Canada is unlikely to produce optimal results over the long ter. Geographic and stylistic diversification is key.

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The Fed, Employment and Tech..... Oh My!

February 02, 2024 |Nick Scholte

Big news on a variety of fronts this week.

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Economic Growth Continues While Inflation Comes Down

January 26, 2024 |Nick Scholte

In spite of a Fed that has remained on hold for several consecutive meetings, falling inflation means that REAL rates are rising owing to a phenomenon known as "Passive Tightening." The Fed will not want this phenomenon to persist. Cuts are coming.

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The S&P 500 Hits an All Time High

January 19, 2024 |Nick Scholte

On the back of economic indicators continuing to remain strong.

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