{"id":3380,"date":"2026-02-03T11:53:37","date_gmt":"2026-02-03T16:53:37","guid":{"rendered":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/?p=3380"},"modified":"2026-02-03T14:30:25","modified_gmt":"2026-02-03T19:30:25","slug":"executive-summary-wellington-altus-private-wealth-inc-january-2026-market-update","status":"publish","type":"post","link":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/2026\/02\/03\/executive-summary-wellington-altus-private-wealth-inc-january-2026-market-update\/","title":{"rendered":"EXECUTIVE SUMMARY \u2013 WELLINGTON-ALTUS PRIVATE WEALTH INC. JANUARY 2026 MARKET UPDATE"},"content":{"rendered":"<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">Dear Clients and Friends,<\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">We hope you and your families had a wonderful holiday season. On our side the holidays were a mix of hectic fun and quiet recovery. Simon was skiing with his kids in Mont Tremblant for part of the holiday while Michael took a trip up to Qu\u00e9bec City with the family for part of the holiday. One of us (guess who) started a new ritual: morning workout, sauna, then cutting a hole in the lake ice for a quick dip. Sounds crazy, but it wakes you up like nothing else and leaves you feeling ready for anything. Maybe we should prescribe ice baths the next time the market gets shaky or as political tensions heat up\u2014cools the nerves right down.<\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"font-size: 12pt;\"><img fetchpriority=\"high\" decoding=\"async\" width=\"255\" height=\"340\" class=\"wp-image-3383 size-full\" src=\"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Picture-6-255w340h-1.jpeg\" srcset=\"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Picture-6-255w340h-1.jpeg 255w, https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Picture-6-255w340h-1-225x300.jpeg 225w, https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Picture-6-255w340h-1-9x12.jpeg 9w\" sizes=\"(max-width: 255px) 100vw, 255px\" \/><\/span><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">A Few Housekeeping Items<\/span><\/strong><\/p>\n<div class=\"ul\" style=\"margin: 0;\">\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span><strong><span style=\"font-size: 12pt;\">Tax-Free Savings Accounts (TFSAs):<\/span><\/strong> We are steadily topping these up over the next couple of months. If you have extra cash sitting in a bank account earning next to nothing, let us know\u2014we\u2019ll put it to work.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span><strong><span style=\"font-size: 12pt;\">RRSP Contributions: <\/span><\/strong>The deadline for the 2025 tax year is March 2nd. Plenty of time, but worth marking on the calendar.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-weight: bold; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span><strong><span style=\"font-size: 12pt;\">Tax Packages: <\/span><\/strong>Mary will start preparing these in February or March. As always, the documents trickle in through March, so please be patient. We\u2019ll get them to you as quickly as we can.<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"background: #a0a0a0; width: 0; height: 1.5pt; display: inline-block;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><strong><span style=\"font-size: 12pt;\">2025: A Year in Review<\/span><\/strong><\/p>\n<p>&nbsp;<\/p>\n<div class=\"tableContainer\">\n<table width=\"720\">\n<tbody>\n<tr>\n<td width=\"387\"><strong>2025 MARKETS (as of 12\/31\/2025)<\/strong><\/td>\n<td width=\"73\"><strong>2025<\/strong><\/td>\n<td width=\"65\"><strong>3 yr<\/strong><\/td>\n<td width=\"58\"><strong>5 yr<\/strong><\/td>\n<td width=\"59\"><strong>10 yr<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"387\">S&amp;P 500 TOTAL RETURN (USD)<\/td>\n<td width=\"73\"><strong>17.9%<\/strong><\/td>\n<td width=\"65\">23.0%<\/td>\n<td width=\"58\">14.4%<\/td>\n<td width=\"59\">14.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">DOW JONES INDUSTRIAL AVERAGE TOTAL RETURN (USD)<\/td>\n<td width=\"73\"><strong>14.9%<\/strong><\/td>\n<td width=\"65\">15.4%<\/td>\n<td width=\"58\">11.6%<\/td>\n<td width=\"59\">13.1%<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">TSX 60 TOTAL RETURN (CAD)~CANADA<\/td>\n<td width=\"73\"><strong>29.1%<\/strong><\/td>\n<td width=\"65\">20.5%<\/td>\n<td width=\"58\">16.0%<\/td>\n<td width=\"59\">12.8%<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">MSCI EAFE NET RETURN (USD)~EUROPE<\/td>\n<td width=\"73\"><strong>31.2%<\/strong><\/td>\n<td width=\"65\">17.2%<\/td>\n<td width=\"58\">8.9%<\/td>\n<td width=\"59\">8.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">MSCI WORLD NET RETURN (USD)<\/td>\n<td width=\"73\"><strong>21.1%<\/strong><\/td>\n<td width=\"65\">21.2%<\/td>\n<td width=\"58\">12.2%<\/td>\n<td width=\"59\">12.2%<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">S&amp;P CANADA ALL BOND INDEX TOTAL RETURN (CAD)<\/td>\n<td width=\"73\"><strong>2.5%<\/strong><\/td>\n<td width=\"65\">4.3%<\/td>\n<td width=\"58\">-0.2%<\/td>\n<td width=\"59\">1.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"tableContainer\">\n<table width=\"720\">\n<tbody>\n<tr>\n<td width=\"387\"><strong>INVESTMENT PORTFOLIOS<\/strong><\/td>\n<td width=\"73\"><strong>2025<\/strong><\/td>\n<td width=\"65\"><strong>3 yr<\/strong><\/td>\n<td width=\"58\"><strong>5 yr<\/strong><\/td>\n<td width=\"59\"><strong>SI<\/strong><\/td>\n<td width=\"78\">Inception<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">CONSERVATIVE EQUITY TOTAL GROSS RETURN (CAD)<\/td>\n<td width=\"73\"><strong>17.5%<\/strong><\/td>\n<td width=\"65\">28.2%<\/td>\n<td width=\"58\">14.3%<\/td>\n<td width=\"59\">15.3%<\/td>\n<td width=\"78\">Oct 15&#8242;<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">DIVERSIFIED INCOME TOTAL GROSS RETURN (CAD)<\/td>\n<td width=\"73\"><strong>13.2%<\/strong><\/td>\n<td width=\"65\">15.6%<\/td>\n<td width=\"58\">10.4%<\/td>\n<td width=\"59\">11.0%<\/td>\n<td width=\"78\">July 17&#8242;<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">FOCUSED TOTAL RETURN TOTAL GROSS RETURN (CAD)<\/td>\n<td width=\"73\"><strong>19.1%<\/strong><\/td>\n<td width=\"65\">34.7%<\/td>\n<td width=\"58\">17.8%<\/td>\n<td width=\"59\">22.8%<\/td>\n<td width=\"78\">April 20&#8242;<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">CANADIAN DIVIDEND PORTFOLIO (CAD)<\/td>\n<td width=\"73\"><strong>18.7%<\/strong><\/td>\n<td width=\"65\">NA<\/td>\n<td width=\"58\">NA<\/td>\n<td width=\"59\">16.2%<\/td>\n<td width=\"78\">April 23&#8242;<\/td>\n<\/tr>\n<tr>\n<td width=\"387\">CORE BOND PORTFOLIO (CAD)<\/td>\n<td width=\"73\"><strong>3.5%<\/strong><\/td>\n<td width=\"65\">NA<\/td>\n<td width=\"58\">NA<\/td>\n<td width=\"59\">4.4%<\/td>\n<td width=\"78\">June 23&#8242;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"tableContainer\">\n<table width=\"720\">\n<tbody>\n<tr>\n<td width=\"720\">*Your own returns will vary depending on the amount of fixed income you hold, cash flows in and out, and management fees.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"tableContainer\">\n<table width=\"720\">\n<tbody>\n<tr>\n<td width=\"387\"><strong>LARGEST MUTUAL FUND IN CANADA<\/strong><\/td>\n<td width=\"73\"><strong>YTD<\/strong><\/td>\n<td width=\"65\"><strong>3 yr<\/strong><\/td>\n<td width=\"58\"><strong>5 yr<\/strong><\/td>\n<td width=\"59\"><strong>10 yr<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"387\">RBC SELECT BALANCED PORTFOLIO (A) NET RETURN (CAD)<\/td>\n<td width=\"73\"><strong>11.6%<\/strong><\/td>\n<td width=\"65\">11.9%<\/td>\n<td width=\"58\">6.2%<\/td>\n<td width=\"59\">6.4%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><img decoding=\"async\" class=\"alignnone wp-image-3385\" src=\"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Screenshot-2026-02-02-161410-300x179.png\" alt=\"\" width=\"479\" height=\"286\" srcset=\"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Screenshot-2026-02-02-161410-300x179.png 300w, https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Screenshot-2026-02-02-161410-18x12.png 18w, https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-content\/uploads\/sites\/165\/2026\/02\/Screenshot-2026-02-02-161410.png 764w\" sizes=\"(max-width: 479px) 100vw, 479px\" \/><\/p>\n<table width=\"405\">\n<tbody>\n<tr>\n<td colspan=\"3\" width=\"405\"><strong>2025<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" width=\"405\"><strong>BIGGEST WINNERS<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"89\">2025 Return<\/td>\n<td width=\"92\">Contribution<\/td>\n<td width=\"225\">Company<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">68.8%<\/td>\n<td width=\"92\">2.5%<\/td>\n<td width=\"225\">ADVANCED MICRO DEVICES<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">57.3%<\/td>\n<td width=\"92\">2.4%<\/td>\n<td width=\"225\">ALPHABET<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">48.3%<\/td>\n<td width=\"92\">0.7%<\/td>\n<td width=\"225\">GOLDMAN SACHS<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">47.9%<\/td>\n<td width=\"92\">0.4%<\/td>\n<td width=\"225\">ASML HOLDINGS<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">38.3%<\/td>\n<td width=\"92\">1.3%<\/td>\n<td width=\"225\">ROYAL BANK<\/td>\n<\/tr>\n<tr>\n<td width=\"89\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"225\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" width=\"405\"><strong>BIGGEST LOSERS<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"89\">2025 Return<\/td>\n<td width=\"92\">Contribution<\/td>\n<td width=\"225\">Company<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-14.2%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">ORACLE<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-13.5%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">HOME DEPOT<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-9.9%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">COSTCO<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-4.8%<\/td>\n<td width=\"92\">-3.5%<\/td>\n<td width=\"225\">USD\/CAD<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-4.7%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">CANADIAN NATIONAL RAILWAY<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table width=\"405\">\n<tbody>\n<tr>\n<td colspan=\"3\" width=\"405\"><strong>2024 <\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" width=\"405\"><strong>BIGGEST WINNERS<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"89\">2024 Return<\/td>\n<td width=\"92\">Contribution<\/td>\n<td width=\"225\">Company<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">195.8%<\/td>\n<td width=\"92\">12.7%<\/td>\n<td width=\"225\">NVIDIA CORP<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">77.3%<\/td>\n<td width=\"92\">9.0%<\/td>\n<td width=\"225\">TESLA INC<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">57.5%<\/td>\n<td width=\"92\">4.7%<\/td>\n<td width=\"225\">AMAZON COM INC<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">56.1%<\/td>\n<td width=\"92\">2.9%<\/td>\n<td width=\"225\">BROOKFIELD CORP<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">42.2%<\/td>\n<td width=\"92\">2.3%<\/td>\n<td width=\"225\">APPLE INC<\/td>\n<\/tr>\n<tr>\n<td width=\"89\"><\/td>\n<td width=\"92\"><\/td>\n<td width=\"225\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"3\" width=\"405\"><strong>BIGGEST LOSERS<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"89\">2024 Return<\/td>\n<td width=\"92\">Contribution<\/td>\n<td width=\"225\">Company<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-22.7%<\/td>\n<td width=\"92\">-0.3%<\/td>\n<td width=\"225\">NORTHLAND POWER INC<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-17.7%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">ASML HOLDINGS<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-14.3%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">NUTRIEN INC<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-11.2%<\/td>\n<td width=\"92\">-0.2%<\/td>\n<td width=\"225\">CANADIAN NATIONAL RAILWAY<\/td>\n<\/tr>\n<tr>\n<td width=\"89\">-10.6%<\/td>\n<td width=\"92\">-0.5%<\/td>\n<td width=\"225\">ADVANCED MICRO DEVICES<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div><\/div>\n<div class=\"tableContainer\">\n<table width=\"706\">\n<tbody>\n<tr>\n<td width=\"144\"><\/td>\n<td width=\"235\">2025 WORST TRADE OF THE YEAR<\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\"><\/td>\n<\/tr>\n<tr>\n<td width=\"144\">Date<\/td>\n<td width=\"235\">Name<\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\">Change<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">5\/12\/2025<\/td>\n<td width=\"235\">\u00a0LVMH Moet Hennessy Louis Vuitton<\/td>\n<td width=\"69\">BUY<\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\">25%<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">5\/12\/2025<\/td>\n<td width=\"235\">\u00a0Alphabet Inc. Class C<\/td>\n<td width=\"69\">SELL<\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\">102%<\/td>\n<\/tr>\n<tr>\n<td width=\"144\"><\/td>\n<td width=\"235\"><\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\">NET RESULT<\/td>\n<td width=\"159\"><strong>-77%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"144\"><\/td>\n<td width=\"235\"><\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\">CONTRIBUTION<\/td>\n<td width=\"159\"><strong>-1.02%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"tableContainer\"><\/div>\n<div class=\"tableContainer\">\n<table width=\"706\">\n<tbody>\n<tr>\n<td width=\"144\">&nbsp;<\/td>\n<td width=\"235\">2025 BEST TRADE OF THE YEAR<\/td>\n<td width=\"69\">&nbsp;<\/td>\n<td width=\"99\">&nbsp;<\/td>\n<td width=\"159\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">Date<\/td>\n<td width=\"235\">Name<\/td>\n<td width=\"69\">&nbsp;<\/td>\n<td width=\"99\">&nbsp;<\/td>\n<td width=\"159\">Change<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">3\/21\/2025<\/td>\n<td width=\"235\">\u00a0JPMorgan Chase &amp; Co.<\/td>\n<td width=\"69\">BUY<\/td>\n<td width=\"99\">&nbsp;<\/td>\n<td width=\"159\">36%<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">3\/21\/2025<\/td>\n<td width=\"235\">\u00a0UnitedHealth Group Incorporated<\/td>\n<td width=\"69\">SELL<\/td>\n<td width=\"99\">&nbsp;<\/td>\n<td width=\"159\">-33%<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">&nbsp;<\/td>\n<td width=\"235\">&nbsp;<\/td>\n<td width=\"69\">&nbsp;<\/td>\n<td width=\"99\">NET RESULT<\/td>\n<td width=\"159\"><strong>73%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"144\">&nbsp;<\/td>\n<td width=\"235\">&nbsp;<\/td>\n<td width=\"69\">&nbsp;<\/td>\n<td width=\"99\">CONTRIBUTION<\/td>\n<td width=\"159\"><strong>1.46%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<div class=\"tableContainer\">\n<table width=\"706\">\n<tbody>\n<tr>\n<td width=\"144\">Date<\/td>\n<td width=\"235\">Name<\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\">Change<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">11\/26\/2025<\/td>\n<td width=\"235\">\u00a0Micron Technology, Inc.<\/td>\n<td width=\"69\">BUY<\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\">48%<\/td>\n<\/tr>\n<tr>\n<td width=\"144\">11\/26\/2025<\/td>\n<td width=\"235\">\u00a0Apple Inc.<\/td>\n<td width=\"69\">SELL<\/td>\n<td width=\"99\"><\/td>\n<td width=\"159\">-6%<\/td>\n<\/tr>\n<tr>\n<td width=\"144\"><\/td>\n<td width=\"235\"><\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\">NET RESULT<\/td>\n<td width=\"159\"><strong>54%<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"144\"><\/td>\n<td width=\"235\"><\/td>\n<td width=\"69\"><\/td>\n<td width=\"99\">CONTRIBUTION<\/td>\n<td width=\"159\"><strong>0.68%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>&nbsp;<\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">Lessons from the Trade Ledger<\/span><\/strong><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">We don&#8217;t trade often, but we try to be smart when we do. Sometimes we get it right, and sometimes we learn a lesson.<\/p>\n<ul>\n<li style=\"line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">The &#8220;Winning&#8221; Mistake<\/span><\/strong>: Our worst trade was trimming <strong><span style=\"font-size: 12pt;\">Google<\/span><\/strong> to buy <strong><span style=\"font-size: 12pt;\">LVMH<\/span><\/strong>. We made 25% on LVMH, but Google went up 100% in that same window. It\u2019s a reminder that sometimes the best thing to do is nothing at all.<\/li>\n<li style=\"line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">Timely Swap<\/span><\/strong>: We sold <strong><span style=\"font-size: 12pt;\">United Health<\/span><\/strong> before a significant crash and moved into <strong><span style=\"font-size: 12pt;\">JP Morgan<\/span><\/strong>, netting a 73% relative gain on that move.<\/li>\n<li style=\"line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">Tax Loss Efficiency<\/span><\/strong>: In December, we sold <strong><span style=\"font-size: 12pt;\">Oracle<\/span><\/strong> at $224 to capture a tax loss, waited 30 days, and bought it back at $194. We ended up with 10% more shares for the exact same amount of capital.<\/li>\n<\/ul>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><strong><span style=\"font-size: 12pt;\">Scorecard: How Our <\/span><span style=\"font-size: 12pt;\">2025 <\/span><span style=\"font-size: 12pt;\">Predictions Fared<\/span><\/strong><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">Last year, we made some guesses about the future. We\u2019d give ourselves a &#8220;B+&#8221; grade.<\/p>\n<ul>\n<li style=\"line-height: 1.39;\">The greatest re-organization of government and shift in the public sector in 50 years will begin in the U.S. and follow through to Canada and the U.K. before the end of the year.<\/li>\n<\/ul>\n<div class=\"ul\" style=\"margin: 0;\">\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-bottom: 0; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">Yes<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> we have seen major changes happening. <\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">There will be a record level of strikes and service disruptions as public employees and unions try to push back against reduced spending and increased automation.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-bottom: 0; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><span style=\"color: #4c94d8; font-size: 12pt;\">Yes<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> there have been service disruptions across many areas,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> Canada Post<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> being a recent one.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">Discussions will move from inflation to deflation as people question the spending decreases, tighter consumer spending, and efficiency gains in the economy.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-top: 12pt; padding-top: 0; margin-bottom: 10pt; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">No<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> discussions did not move to <\/span><span style=\"color: #4c94d8; font-size: 12pt;\">deflation;<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> we may be early.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">The U.S. will not impose a 25% tariff on all goods coming in from Canada.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-top: 12pt; padding-top: 0; margin-bottom: 10pt; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">W<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">e go<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">t<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> this one sort of wrong since most of our goods are not tariffed under CUSMA<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">Relations between China and the U.S. will normalize for the positive and reach a more balanced state while globalization continues to reverse.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-bottom: 0; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><span style=\"color: #4c94d8; font-size: 12pt;\">Yes,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> relations have stabilized.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">The Canadian economy will continue to worsen at a slow pace. Policy will be grid-locked with the Liberals holding power as long as possible, we will likely not see a change from a Liberal federal government until July to November.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-top: 12pt; padding-top: 0; margin-bottom: 10pt; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">Very wrong, we are still under a Liberal government.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">The Canadian economy will officially enter recession.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-top: 12pt; padding-top: 0; margin-bottom: 10pt; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">No, while the second quarter was negative the third and fourth quarters improved.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">Rates in Canada will fall another 1-1.5%; prediction: overnight rate below 2% by this time next year.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-bottom: 0; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><span style=\"color: #4c94d8; font-size: 12pt;\">Yes,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> we were very close, overnight rate went down -1% on the low end of our estimate and is currently at 2.25%.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.39;\">The Canadian dollar will remain weak throughout the first half of the year but will begin to strengthen as a future reversal in tax and trade policies becomes more evident.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-bottom: 0; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><span style=\"color: #4c94d8; font-size: 12pt;\">Yes, this is exactly what happened as the Canadian dollar rallied back in the back end of the year.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.39;\">The biggest surprises of 2025 will be autonomous driving and robotics\u2014both AI driven.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-top: 12pt; padding-top: 0; margin-bottom: 10pt; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">We seem to have been early<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">; <\/span><span style=\"color: #4c94d8; font-size: 12pt;\">while major advancements were made<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> 2026 is looking more likely.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.2;\">Demand for energy will increase dramatically.<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-top: 12pt; padding-top: 0; margin-bottom: 10pt; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"color: #4c94d8; font-size: 12pt;\">Yes<\/span><span style=\"color: #4c94d8; font-size: 12pt;\">,<\/span><span style=\"color: #4c94d8; font-size: 12pt;\"> very true and was a major theme of investments in 2025.<\/span><\/p>\n<ul>\n<li style=\"text-align: left; line-height: 1.39;\">S&amp;P 500 7,200 end of 2025; 15,000 &#8211; 2030<\/li>\n<\/ul>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<p style=\"text-align: left; margin-bottom: 0; padding-bottom: 0; line-height: 1.2; margin-left: 14.2pt;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><span style=\"color: #4c94d8; font-size: 12pt;\">We were very close with the S&amp;P going from 5,881 and ending at 6,845.<\/span><\/p>\n<\/div>\n<\/div>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"background: #a0a0a0; width: 0; height: 1.5pt; display: inline-block;\"><span style=\"display: none;\">.<\/span><\/span><strong><span style=\"font-size: 12pt;\">Looking Ahead: Our 2026 Predictions<\/span><\/strong><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">The &#8220;crystal ball&#8221; is out of its locked container for its annual appearance. Here is what we see for the coming year:<\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">The Big Picture<\/span><\/strong><\/p>\n<div class=\"ul\" style=\"margin: 0;\">\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-top: 10pt; padding-top: 0; margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>The U.S. will threaten to not renew USMCA trade agreement on July 1 and will use leverage to bring Canada to the table on their trade terms.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>U.S. economy will start to expand at a faster pace, Canada will not.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Canada will make some additional rate cuts as inflation stabilizes and the economy remains slow relative to U.S. growth.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Rates in the U.S. will come down as inflation comes down further.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>War between Russia and Ukraine will come to an end.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>S&amp;P 500 will end at 8,000 as the largest American companies continue to grow their earnings by around 15%, however there is a 10-15% correction leading up to the U.S. midterm elections.<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">Technology &amp; Energy<\/span><\/strong><\/p>\n<div class=\"ul\" style=\"margin: 0;\">\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Energy demand will start to move from projected shortages to actual shortages as local grids begin to deal with higher consumption coming online.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Oil prices will go lower as production expands, going as low as $30 &#8211; $50 USD a barrel.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Satellite phone and internet service offered to smart phones using regional carriers to handle contracts.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Major healthcare breakthrough attributed to research and tests conducted using AI models simulating molecules, genes, or proteins that have been tokenized.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Apple will integrate Google Gemini as its primary AI assistant.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Amazon will surprise to the upside as people discover RUFUS is not a dog\u2019s name but Amazon\u2019s AI assistant.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 0; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Tesla cars will become totally autonomous.<\/div>\n<\/div>\n<div class=\"li\" style=\"margin: 0;\">\n<div style=\"margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39; margin-left: 36pt;\"><span style=\"display: inline-block; position: relative; text-indent: -18pt; font-size: 10pt;\"><span style=\"position: absolute; top: -0.34em; left: 0; font-size: 2em;\">\u2022<\/span>\u00a0<\/span>Many companies release AI run robots, which will become one of the hottest new spaces with many unkept promises.<\/div>\n<\/div>\n<\/div>\n<p style=\"margin-top: 10pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 10pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">As the deep freeze of January settles in we hope you are managing to stay warm. We are excited for the year ahead and look forward to navigating the 2026 markets, tackling whatever opportunities arise with a steady hand. Thank you for your continued trust; we wish you a prosperous, healthy, and Happy New Year.<\/p>\n<p style=\"margin-top: 10pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\">Sincerely,<\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><strong><span style=\"font-size: 12pt;\">The Hale Investment Group<\/span><\/strong><\/p>\n<p style=\"margin-top: 0pt; padding-top: 0; margin-bottom: 6pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n<p style=\"margin-top: 10pt; padding-top: 0; margin-bottom: 8pt; padding-bottom: 0; line-height: 1.39;\"><span style=\"display: inline-block; height: 1em;\"><span style=\"display: none;\">.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We hope you and your families had a wonderful holiday season. On our side the holidays were a mix of hectic fun and quiet recovery. Simon was skiing with his kids in Mont Tremblant for part of the holiday while Michael took a trip up to Qu\u00e9bec City with the family for part of the holiday. One of us (guess who) started a new ritual: morning workout, sauna, then cutting a hole in the lake ice for a quick dip. Sounds crazy, but it wakes you up like nothing else and leaves you feeling ready for anything. Maybe we should prescribe ice baths the next time the market gets shaky or as political tensions heat up\u2014cools the nerves right down.<\/p>\n","protected":false},"author":193,"featured_media":1889,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-3380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monthly-updates"],"_links":{"self":[{"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/posts\/3380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/users\/193"}],"replies":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/comments?post=3380"}],"version-history":[{"count":18,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/posts\/3380\/revisions"}],"predecessor-version":[{"id":3407,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/posts\/3380\/revisions\/3407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/media\/1889"}],"wp:attachment":[{"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/media?parent=3380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/categories?post=3380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/advisor.wellington-altus.ca\/haleinvestmentgroup\/wp-json\/wp\/v2\/tags?post=3380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}