Keeping in Touch News
Click the below article links to read our monthly
Stewart Thomas Wealth Management news:
September 2020: As we enter into the fall of 2020, it warrants reflecting back on the first 8 months this year. We began the year with an optimistic outlook for most of the global economies, albeit cautious with global economic growth slowing and stock markets being near fully valued. In general, we were nearing the peak of economic expansion and indicators were predicting that we were entering a mild recession .... click here to read the full article.
August 2020: I am pleased to announce that David MacIver, who joined Stewart Thomas Wealth Management in March 2019, has completed the requirements of IIROC and the Canadian Securities Institute for the designation of Associate Advisor. I have known Dave for 25 years personally and professionally when he worked for Manulife Financial, Fidelity Investments and Dynamic Mutual Funds ... click here to read the full article.
July 2020: As we near mid summer, I wanted to provide a market commentary update. Over the past week we have solicited market commentary from a number of valued sources including Philip Petursson, Chief Investment Strategist at Manulife Financial, Jurrien Timmer, Director of Global Macro at Fidelity Investments, David Wolf, Portfolio Manager at Fidelity Investments, Myles Zyblock, Chief Investment Strategist at Dynamic Mutual Funds and Jean Boivin, Head of Blackrock Investment Institute ... click here to read the full article.
March 2020: I wanted to connect and review the current global markets and the effect that Coronavirus is having on the markets. First, it is important to understand how global markets react to uncertainty, they simply do not like it. Secondly it is important to understand where we were in terms of late stage global economic expansion. ...click here to read the full article!
December 2019: As we enter into the final days of 2019, I wanted to provide a brief market commentary. The equity and bond markets have performed well this year as the US Federal Reserve, The Bank of Canada and for the most part all Central Banks have been accommodative by lowering interest rates or holding them steady. ...click here to read the full article!
October 2018: As we head into the summer months, I wanted to touch base and provide an update on what is happening in the equity and bond markets, how this has been affecting investment returns this year and what we may expect for the remainder of the year. ...click here to read the full article!
June 2018: As we head into the summer months, I wanted to touch base and provide an update on what is happening in the equity and bond markets, how this has been affecting investment returns this year and what we may expect for the remainder of the year. ...click here to read the full article!
April 2018: I hope this update finds you and your family well. As we enter into the second quarter of 2018, I wanted to provide an update on the recent market volatility and market commentary from major investment fund company analysts. ...click here to read the full article!
January 2018: Happy New Year. I hope you had a great holiday and were able to spend time with family and friends. We are beginning the New Year where we left off 2017, with these major themes moving forward; (1) Bank of Canada and US Federal Reserve raising interest rates, (2) NAFTA negotiations, (3) Global growth, (4) US tax policy changes, and (5) Geopolitical risks affecting global markets. ...click here to read the full article!
November 2017: I hope you and your family are doing well. I wanted to advise you that effective November 24th our new office location will be 543 Martin Street, Penticton BC, V2A-5L5. Our current office location is being redeveloped into
condominiums early in the New Year....click here to read full article!
September 2017: I hope everyone had a good summer. Hard to believe that it went past so quickly and we are almost into October and Thanksgiving weekend is just around the corner. While not too much is different than from my last commentary in August, I wanted to provide some recent commentary on the markets and an update on happenings within our office....click here to read full article!
August 2017: I hope you have been enjoying the summer. Hopefully everyone has been surviving the smoke from the fires. I wanted to update everyone on what is happening in the markets here in Canada, the US and the rest of the world. In general, we have been in a fairly flat market in Canada, the US markets have had decent returns and the European and Asia markets have done well but have begun to back off in the last few weeks...click here to read full article!
July 2017: I hope this email finds you well. I wanted to send out a commentary after the results of a couple of elections were known, the one in France which affects the global markets and the one in BC which has little effect on global markets but more so on BC. We will not know the final outcome of the BC election for a couple of weeks as there are two recounts to be done and 176,000 absentee votes yet still to be counted. We currently have a Liberal minority government which if this is the final result will likely create a standoff between the economy and the environment. ...click here to read full article!
February 2017: I hope you and your family are doing well into 2017. I recently had the opportunity to meet with Philip Petursson who is the Chief Investment Strategist for Manulife Financial. Philip had some interesting insight into how Manulife views the global economic landscape in general as well as more detailed observations with respect to North America and in particular the “Trump” effect, the Canadian dollar, the price of oil and the overall economic and monetary situation in Canada. Most of his comments are consistent with other economists and analysts from the major banks in Canada. ...click here to read full article!
July 2016: Further to my email on Friday with regard to the decision of the Britain to leave the European Union, I wanted to further comment on the issue and provide some of the commentary that has been provided over the weekend from certain fund managers and economists. ...click here to read full article!
February 27 2016: The recent downturn and volatility in the markets in the first 6 weeks of 2016 are due to a few issues. Overall, Philip feels that we are in a cyclical downturn ( or bear market ) which is still part of an overall longer turn bull market. ...click here to read full article!
January 8 2016: 2015 was a very difficult year for the Canadian stock markets. The TSX/S&P index was down just over 11.1% for the year, its worst returns since 2011. This was primarily due to the fall in the price of oil and other commodities. ...click here to read full article!
August 2015: The two points to consider given the recent downturn and volatility in the markets are 1) Don’t panic and 2) We are in a correction stage in the global markets and not a crisis. ...click here to read full article!
May 2015: As we head into the summer months of 2015, the global investment markets are much the same as they were in the beginning of the year. ...click here to read full article!
March 2015: Welcome to 2015. It is hard to believe that we are almost through the first quarter of the year already. The stock markets and bond markets have been relatively favorable in the first quarter so far. ...click here to read full article!