We had a nice visit with Diane’s family Saturday and then headed out for the Ottawa road trip. Corbin is now back for school, and we were able to spend a little time with Keeton & Sara, and Landon, while we were there on the weekend. A bit of a whirlwind but, great to see everyone.
This Past Week and more; Ask and you shall receive. North American Markets certainly co-operated with my request the last two weeks and we had the best August for the SP500 and the DOW in 4 years. They were up 3.0% and 2.2% respectively. Unfortunately, President Trump fulfilled my worry of Geopolitics and it had its effect on our markets here at home. The S&P/TSX was down -1.0% for the month on NAFTA worries. The majority of international markets were negative for the month as well with trade war concerns being at the least, a significant factor. Historically September is often the worst month of the year for stocks. As we saw in July and August though, anything can happen in any given month. If we can get past some of the Geo-politics….
The Weekend/Weather; It looks like another day or two of summer like weather followed by being a little milder the rest of the week. I hope your last couple of weeks of vacation season were great and that you have good transition week.
Global Insight WEEKLY
August 30, 2018
Global Insight Monthly
My team provides a proven, comprehensive approach to wealth management for business owners and families. Should you know of any friends, family, or associates whom you think would benefit from our professional services, it would be my pleasure to talk with them to learn how we can help. Contact Us Here to be added to our Weekly Newsletter or to ask for a complimentary portfolio review.
This information is not investment advice and should be used only in conjunction with a discussion with your RBC Dominion Securities Inc. Investment Advisor. This will ensure that your own circumstances have been considered properly and that action is taken on the latest available information. The information contained herein has been obtained from sources believed to be reliable at the time obtained but neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers can guarantee its accuracy or completeness. This report is not and under no circumstances is to be construed as an offer to sell or the solicitation of an offer to buy any securities. This report is furnished on the basis and understanding that neither RBC Dominion Securities Inc. nor its employees, agents, or information suppliers is to be under any responsibility or liability whatsoever in respect thereof. The inventories of RBC Dominion Securities Inc. may from time to time include securities mentioned herein. RBC Dominion Securities Inc.* and Royal Bank of Canada are separate corporate entities which are affiliated. *Member-Canadian Investor Protection Fund. RBC Dominion Securities Inc. is a member company of RBC Wealth Management, a business segment of Royal Bank of Canada. ® / TM Trademark(s) of Royal Bank of Canada. Used under licence. © 2018 RBC Dominion Securities Inc. All rights reserved.