The Yin-Yang of Effective Investing

The Yin-Yang of Effective Investing

May 26, 2025 |Ryan Harder
Why do our valued clients hear us talk about valuations so frequently? They have likely heard some variation of the below comments during investment strategy discussions over the past 6-12 months: It’s a great company and business model, but the valuation...
Read more
Equity market roller coaster: How is your stomach?

Equity market roller coaster: How is your stomach?

May 23, 2025 |Kelly Bogdanova

The U.S. equity market has taken investors on a bumpy roller coaster ride, leaving some of us queasy. We discuss what drove the rally, lingering risks, and the market’s potential from here.

Read more
How tariff policy unpredictability is rippling through U.S. Treasury bonds

How tariff policy unpredictability is rippling through U.S. Treasury bonds

May 15, 2025 |Atul Bhatia, CFA

U.S. government borrowing costs on longer-maturity debt have risen more quickly than on shorter-maturity debt since so-called reciprocal tariffs were announced. We discuss what drove that reaction and why the difference is likely to persist.

Read more
The Fed and its dueling dual mandate

The Fed and its dueling dual mandate

May 09, 2025 |Thomas Garretson, CFA

Questions regarding the Federal Reserve’s price stability and maximum employment mandates abound. We look at what investors should know at a time when there is a lack of clarity regarding the central bank’s next moves.

Read more

Canada’s building homes fast─but for how long?

May 07, 2025 |Robert Hogue

Slumping pre-construction sales are slowing the flow of units entering the pipeline and this could have negative consequences for supply growth in the medium to longer term.

Read more
Capital Bulletin – May 2025

Capital Bulletin – May 2025

May 07, 2025 |The Chieduch Group
Sails and Oars: Why Protecting the Ship is the Key to Progress Imagine for a moment that you are the captain of a 19th century ship spending most of your life at sea without the benefit of modern meteorological technology. You’ve been given an opportunity...
Read more
Beyond tariffs, what can the U.S. do in its quest for trade balance?

Beyond tariffs, what can the U.S. do in its quest for trade balance?

May 06, 2025 |Atul Bhatia, CFA

Running up debts to buy foreign goods is unsustainable in the long term. Identifying the problem is simple, but we see no easy or quick escape for the U.S. from the imbalances built up over the last four decades.

Read more
Canada’s path ahead: Six economic challenges facing the new federal government

Canada’s path ahead: Six economic challenges facing the new federal government

May 01, 2025 |Frances Donald and Cynthia Leach

As Canada forms a new government, we break down some of the key economic issues the country faces.

Read more
Schrodinger’s Tariffs and the Nature of Uncertainty

Schrodinger’s Tariffs and the Nature of Uncertainty

April 21, 2025 |The Chieduch Group
In this month’s note: Markets can neither fully price in nor price out tariff risk Investors should see uncertainty as an opportunity, since uncertainty is the driving force behind long-term excess market returns Risk cannot be eliminated, but disciplined...
Read more
The New Great Game: How the race for critical minerals is shaping tech supremacy

The New Great Game: How the race for critical minerals is shaping tech supremacy

April 16, 2025 |Shaz Merwat
Key takeaways Canada and the U.S. are each other’s largest minerals trading partner, amounting to $146 billion in bilateral trade1. The U.S. is 100% import reliant for 12 of its identified list of 50 critical minerals, and net import reliant (>50%) for...
Read more