July Market Insights:
July Market Insights: The Six Months Where Everything Changed July 8, 2025 The Federal Reserve, central bank ideology, and the future of economic order “The Federal Reserve … is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.” – William McChesney Martin Jr., […]
Investment Insight Spring 2025
The Illusion of Speed It has been said that “there are decades where nothing seems to happen, and there are weeks where decades happen.” The sweeping global tariffs, announced by the U.S. on April’s “Liberation Day,” caught the world off guard—disrupting long-held norms in global trade and world order. This may signal the beginning of […]
Investment Insight Spring 2025
A Cloud of Uncertainty The rhetorical tautology, “Predictions are difficult, especially about the future” may feel particularly relevant today.1 The start of 2025 has been marked by low visibility, with two events casting a cloud of uncertainty over investor sentiment: the launch of DeepSeek’s AI platform—claiming to be a significantly lower-cost model—and U.S. President Trump […]
April Market Insights: Embracing a Multipolar World
April Market Insights: Embracing a Multipolar World April 8, 2025 Unlocking a new golden era for investors “The condition of man … is a condition of war of everyone against everyone;” yet, by the mutual agreement of sovereign powers, peace may be obtained, and the benefits of order secured. – Thomas Hobbes, Leviathan (1651) Download […]
March Market Insights: From Trump’s Demands to Canada’s Destiny
March Market Insights: From Trump’s Demands to Canada’s Destiny March 6, 2025 Charting a new course in a shifting world order “A statesman must wait and listen until he hears the steps of God sounding through events; then leap up and grasp the hem of his garment.” – Otto von Bismarck Download this PDF here. […]