{"id":419,"date":"2023-12-28T16:32:41","date_gmt":"2023-12-28T16:32:41","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/catalyst\/?page_id=419"},"modified":"2024-03-25T15:56:01","modified_gmt":"2024-03-25T15:56:01","slug":"newsroom","status":"publish","type":"page","link":"https:\/\/advisor.wellington-altus.ca\/catalyst\/newsroom\/","title":{"rendered":"Newsroom"},"content":{"rendered":"\t\t
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Newsroom <\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tInvestment Insights Spring 2026\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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The Shifting (Global) Order We are living through a period of shifting order. Global alliances are outwardly frayed, old rules have been bent, and new ones are being formed. As Prime Minister Carney reminded the world in January: \u201cThe old order is not coming back. We shouldn\u2019t mourn it. Nostalgia<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t\t\n\t\t\tMarch 27, 2026\t\t<\/span>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tMarch Market Insights: There is no Bronze Medal\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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\u201cThere\u2019s only two cultures that are going to win in the next year. It\u2019s going to be us or China.\u201d The subtext of Palantir CEO Alex Karp\u2019s widely cited speech from late 2025 sounds like tech\u2011bro theatre until you reflect on it. In artificial intelligence, there is no bronze medal. There will be a hegemon and a runner\u2011up. Everyone else will be a client.<\/p>\n

Markets are not pricing that reality. Investors still treat the AI build-out as marginal cloud spend or another overhyped software cycle. They debate whether Big Tech is \u201cexhausting its available capital\u201d or whether capex \u201cmust mean revert,\u201d as if infrastructure were optional and competition courteous. They are using valuation models from the wrong century for the wrong game.<\/p>\n

AI is not an app store. It is a weapon system\u2014and the operating system of the next industrial era. The capital going into it is not a bubble. It is rearmament.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tFebruary Market Insights: Fortress America and the Colony Next Door\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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Historians are likely to regard Donald Trump\u2019s presidency as a pivot\u2014as significant as any in U.S. history comparable to the Jacksonian turn, the New Deal, or the Reagan Revolution. Yet Wall Street remains strangely somnolent, pricing in neither the durability nor the depth of what is unfolding. The Trump Doctrine should be seen as equal to\u2014not subordinate to\u2014the Monroe Doctrine, the 1823 U.S. policy that warned European powers against further colonization or interference in the Western Hemisphere. It represents a new organizing framework for U.S. power that blends hard power, economic nationalism, and pro-growth domestic policy.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tJanuary Market Insights: The 2026 Market Forecast\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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History does not move in straight lines. Markets ricochet between excess and restraint in violent cycles, a truth American economist Peter Bernstein hammered home and one investors are again being forced to relearn. The foundation for the 2026 investment thesis is that with interest payments on U.S. debt now exceeding annual defense spending, the fiscal constraint has become too binding to ignore, and structural adjustment is no longer optional. We have no choice but to adjust; the system is in a state of flux.<\/p>\n

As Canadian Prime Minister Mark Carney has argued, the world is entering a regime shift as consequential as the post-Cold War settlement: 2026 marks the end of pandemic-era stimulus and the start of a new cycle driven by credit markets, technology infrastructure, and redesigned policy frameworks. Under U.S. President Donald Trump, the United States is pivoting toward physical production and capital formation, reviving a traditional comparative advantage that other nations are emulating\u2014much like the 1990s shift from Keynesian to supply-side economics after the Berlin Wall fell when risk assets thrived. In 2026, liquidity increases, deregulation continues, and early in the year, investors should begin increasing exposure to interest-rate-sensitive areas as equity market participation broadens.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tInvestment Insight – Winter 2026\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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It is the end of an era: after 60 years at the helm, one of the world\u2019s most closely watched investors has stepped down as CEO.<\/p>\n

Very few people stay in one role for six decades. For context, the median tenure with a single employer dropped to 3.9 years in the U.S., while the average working life spans roughly 37 years. This puts into perspective the remarkable length of Warren Buffett\u2019s leadership of Berkshire Hathaway\u2014nearly twice the span of a typical career.<\/p>\n

Even if you don\u2019t subscribe to Buffett\u2019s investing philosophy, the scale of his accomplishments is clear. After taking control in 1965, he transformed Berkshire from a\u00a0 struggling textile mill into a multinational conglomerate holding company, growing its share price from about $19 to roughly $745,000\u2014a cumulative gain of nearly 4,000,000 percent! In 2024, Berkshire became the first U.S. non-tech company to surpass a trillion-dollar market capitalization.
\nNow 95, Buffett shared in November that he was \u201cgoing quiet\u201d and will no longer write the annual letter or speak at Berkshire\u2019s annual meeting. In his farewell, he offered reflections on both business and life.\u00a0 As we begin a new year, several insights may serve as practical reminders for our own wealth management:<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tDecember Market Insights: 2026 and the King Dollar Revival\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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Rumours of the U.S. dollar\u2019s decline are as persistent as they are exaggerated. In 2025, one fact stands out: The global U.S. dollar system\u2014\u201cKing Dollar\u201d\u2014is not vanishing. The financial, legal, and institutional architecture that makes the dollar the world\u2019s indispensable currency remains at the heart of global finance. It is this systemic centrality, not its day-to-day market price, that ensures \u201cKing Dollar\u201d matters most, and it is being strategically reinforced and recalibrated for a multipolar era. After the energetic \u201cweaponization\u201d of the dollar under the Biden administration and U.S. Treasury Secretary Janet Yellen, a prudent diversification of reserves by global central banks was always going to follow. Still, to declare the end of U.S. exceptionalism or the death of King Dollar is not just premature, it is strategically misguided. Yes, the counter trend rally in many currencies is coming to an end. Driven by fundamentals, the King Dollar revival is upon us; investors take note.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tHighlights from the Federal Budget 2025\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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On November 4, 2025, Finance Minister and National Revenue Minister Fran\u00e7ois-Philippe Champagne tabled the much-anticipated 2025 Federal Budget (Budget 2025). With no spring budget earlier this year, Canadians have been eager for insights into the government\u2019s fiscal priorities and economic direction. Our Advanced Wealth Planning Group has summarized the key highlights and implications from this release.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tNovember 2025 Market Insights: WEALTH IN A CAPEX SUPERCYCLE: Fuller\u2019s energy-intelligence fusion, McLuhan\u2019s tool-building refrain, and in search of the Holy Grail\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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Wealth is the product of energy times intelligence: energy channeled into artifacts that enhance human life. American visionary Buckminster Fuller\u2019s idea hints at a fire that powers value itself.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tOctober Market Insights: Trump, Carney and the Western Awakening\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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\u201cI read in a newspaper that I was to be received with all the honors customarily rendered to a foreign ruler. I am grateful for the honors; but something within me rebelled at that word \u2018foreign\u2019. I say this because when I have been in Canada, I have never heard a Canadian refer to an American as a \u2018foreigner\u2019. He is just an \u2018American\u2019. And, in the same way, in the United States, Canadians are not \u2018foreigners\u2019, they are \u2018Canadians\u2019. That simple little distinction illustrates to me better than anything else the relationship between our two countries.\u201d \u2013 Franklin D. Roosevelt, address in Quebec, 1936<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tCATALYST WEALTH FALL 2025 NEWSLETTER\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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Markets rarely linger in equilibrium. The pendulum of sentiment swings between fear and greed, and this year has been no exception. After April\u2019s lows, the S&P surged over 30 percent in just two months, one of the fastest rallies in recent history, while the TSX hit multiple all-time highs. <\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tSEPTEMBER MARKET INSIGHTS: BULL MARKETS, PEACE DIVIDENDS, AND THE FEDERAL RESERVE\u2019S NEXT WAR\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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It\u2019s impossible to ignore the historical parallels between today and another moment of profound transition, the early 1990s. U.S. President Donald Trump\u2019s diplomatic efforts are channelling the \u201cpeace through strength\u201d ethos that defined U.S. foreign policy at the end of the Cold War. Much like the peace dividend of that era, which allowed capital to flow from the military-industrial complex into innovation and new industries, Trump\u2019s new deals aim to lower global tension, cut risk premiums, and unlock resources for economic
\nexpansion.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\n\t\t\t\tAugust Market Insights: The Unreasonable Rally\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
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In a year marked by fiscal surprises and technological upheaval, America stands at a crossroads. The June 2025 budget surplus has upended the old narratives, leaving Wall Street\u2019s perennial skeptics scrambling for new alarms. Yet beneath the noise, a deeper transformation is underway.<\/p>\n\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t

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