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In the past few weeks the market has rallied however we have seen the biggest impact for balanced investors on the fixed income side and especially in the rise of long-term interest rates.
Chart of the day: Bank of Canada became biggest holder of Goverment of Canada bonds.
Yesterday, I wrote that news is dominated by short-term happenings in a complicated world where things change and new concerns pop up on a daily basis.
In my most recent e-mail, I spoke about why I didn't see the markets being particularly high, despite the ever-present possibility of a correction, on a macro level.
Warren Buffett turned 90 years old. He remains the Oracle of Omaha and I wish him a long and healthy life.
It’s being two weeks since I wrote my last memo but I’ve been thinking about writing about the following for a while. In the same vein as the old political saying, “Never let a good crisis go to waste ”.
In this last part of my staying the course series, I’d like to take a minute to discuss an argument/lamentation that I often hear from investors.
This market reminds me of the movie Groundhog Day, in which Bill Murray wakes up every day to relive the same groundhog day over and over.
This confinement business is harder than it looks for many of us.
In one of my previous e-mails (that of March 9th) I spoke to you about the price of a barrel of oil.