What 2017 turned out to be
The US stock market gained 17% in Canadian Dollar terms. The technology sector, driven in part by the FAANG Stocks (Facebook, Apple, Amazon, Netflix and Google) is the big contributor to the performance. Today, it comprises 23.8% of the S & P 500, the third highest weight of any sector after Tech in 1999-2000 and […]
Brexit, Trump, What’s next?
2016 was a year when we saw plenty of action in the financial markets, be it stocks, bonds, currencies, you name it. But above all, 2016 will be remembered for the US presidential election and Brexit. Brexit On June 24th 2016, the British people woke up to find out that 52% of them wanted out […]
Trump’s arrival will have a positive impact on the US economy
Donald Trump’s economic plan will have a positive impact in the United States. This is the opinion of Vincent Fournier, portfolio manager at Claret. The latter summarizes some expansionist measures of the economic plan of the next US president. He talks about the positive impacts for financial companies, the pharmaceutical industry and oil companies. Watch […]
Reasons to own equities over the long-term, regardless of their inherent volatility
Reasons to own equities over the long-term, regardless of their inherent volatility After a drastic drop that lasted the first 15 days of the quarter, the S&P 500 basically has recovered to finish the quarter flat. However, due to the rebound of the Loonie, the S&P 500 has posted a loss of 5% in Canadian […]
To avoid getting seasick, keep your eyes looking on the horizon
To avoid getting seasick, keep your eyes looking on the horizon 2015 has not been a good year for stock pickers in general, and especially for the ones who favour the value investing philosophy. As an example, Warren Buffett’s Berkshire Hathaway was down 12.5% (in USD terms). In fact, it is the tale of 2 […]
Forecasting…Do you actually need it to be successful?
Forecasting…Do you actually need it to be successful? The third quarter was quite brutal for the stock markets around the world. Most indices were down double digits, oil prices hit the high 30s and the global economy seems to be slowing down. Most blame the Chinese economic slowdown and its possible contagion throughout Asia. Others […]
Let discipline guide you through the market’s ebbs and flows, not headlines
Let discipline guide you through the market’s ebbs and flows, not headlines Although stock markets around the world were more volatile at the end of the 3rd quarter, most of the damage was done to the cyclical and small cap sectors of the markets, as can be seen in the following table: 3rd quarter* […]