2007 : A year marked by high volatility
January 21, 2008
2007 was a year marked by higher volatility than investors were accustomed to since the beginning of the current bull market of 2003. Particularly, Canadian
Every three months, the partners and portfolio managers collaborate on a summary of the state of the economic world as it pertains to your portfolio and our approach. Below, you will find links to our archives.
2007 was a year marked by higher volatility than investors were accustomed to since the beginning of the current bull market of 2003. Particularly, Canadian
What a quarter! Stock markets have finally experienced their first 10% correction since the beginning of 2003. An apparent liquidity crisis developed in the asset-backed
Stock markets have been quite strong globally, as you can see from the performance numbers shown above. Unfortunately, for Canadians who tend to diversify their
While the markets finished the quarter on a positive note, the ride was certainly a bumpy one. Volatility this quarter was caused by two events:
2006 has been a stellar year for equities in general, as can be seen in the above table. European equities have been particularly strong, especially
The correction that started in May 2006 mentioned in our last quarterly letter seems to have been short-lived. The market resumed its upward trend in
After a three and a half year run from the bottom in October 2002, the stock market finally decided to take a breather. A correction
Retiring in a down market can feel unsettling. After years of carefully saving, it’s natural to feel anxious when your portfolio dips just as you’re
Planning your estate can feel daunting, but it doesn’t have to be. While some may see it as unnecessary, effective estate planning ensures that your
Have you ever wondered about the history of money? Since the dawn of civilization, humans have needed to exchange goods and services. This gave rise
We all know diversification is a good thing, but is the S&P 500 all you need in your portfolio? After all, Warren Buffett once famously