What a lovely long weekend with friends.
Our second wedding of the season is this weekend. Again, the oldest daughter of long time family friends. However, it is just Diane and I going this time. The gang are all back in their separate cities (and province for the oldest) getting on with their lives. We are sure it will be a very nice wedding, a real pleasure seeing her get married, and are looking forward to the celebration.
This Past Week and more; Sell in May and go away? The headlines are awful, get out of the markets? Au contraire mon ami!
July – normally one of the quieter months of the year for returns – just gave us the best month of the year since January! Some of the numbers you ask?
S&P/TSX Composite – 1.0%
S&P 500 Index (C$) – 2.5%
MSCI Europe Index (C$) – 2.2%
MSCI EM Index (C$) – 1.0%
FTSE TMX Canada Universe Bond – 0.6%
I am sure you have been tired of me saying in various forms that if the markets just ignore the rhetoric and follow the fundamental numbers we are seeing, we will get some upward movement. Well, this is why we stay invested. We have all been rewarded for exercising patience. We do expect further volatility but, with continued patience and proper positioning we expect some further rewards as well.
The Weekend/Weather; The Cambridge Rotary Ribfest takes place Aug 10-12, at Riverside Park. They say it's Cambridge’s best 3-day food, fun and family event this summer. There is free admission, parking, entertainment and a kid zone. Your donation there will be appreciated by them. There are great food options for meat lovers and vegetarians. Hosted by the Rotary Clubs of Cambridge Sunrise and Cambridge North.
Summer weather similar to what we have been experiencing the last couple of weeks appears set to continue.
Have a Wonderful Week!
Global Insight WEEKLY
August 2, 2018
Global Insight Monthly
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