Market News

Don’t Look Now

Don't Look Now... but U.S. stocks are in a decided uptrend as a period of market anxieties appear to have faded—at least for the moment. There are a number of factors that investors say are underpinning the recent resurgence in risk-taking that’s lifted the market. Muted Inflation: Inflation was the culprit for roiling the market back [...]
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Some Thoughts on the Medicinal Marijuana Sector

"A growth opportunity, yes, but at what cost?" These days it seems that many clients are interested to invest in the stories of cryptocurrencies (Bitcoin, Ethereum, etc), artificial intelligence, automation/robotics and cannabis. They are exciting and I can certainly see the growth to come and how many of these will be catalysts of change in [...]
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Stay the Course

Following the US election results, we would like to share some research on the impact this may have on markets and the economy. We also want to remind you about our investment philosophy and what that means in terms of portfolio management strategy during times like this: As high-conviction, long-term investors, we do not change […]

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Brexit Vote: This is Not a “Today” Event

As you likely know, the UK people voted to exit the European Union yesterday.  This has and will continue to create political uncertainty as other member countries like the Netherlands, Spain, Italy, etc consider their own “leave” decisions. It’s important to note that it will take at least two years for an exit to actually […]

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Turbulence Part II

Back in late November, we wrote a Market Commentary entitled “Turbulence” and mused it was “time to buckle up”. In the late summer (August 26th to be precise) we had started to meaningfully decrease risk exposure in the portfolios. We took further steps on December 17th to de-risk by shifting to less volatile companies within […]

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