Kluge Wealth Advisory Group – Quarterly Compass Newsletter
Before we get into this quarter’s Quarterly Compass Newsletter, I want to congratulate Kyle and his wife, Devon, on the arrival of their son Landen!!! May 27th also marked our first anniversary at Wellington-Altus Private Wealth. I would also like to take a moment to thank each of you for joining us and for and […]
Investment Insights – Summer 2023
Link to the PDF The Future Looks Bright, Indeed! It has been said that millennials — those born from 1980 to 1994 — were the first generation worse off than their parents financially. Skyrocketing housing prices, a higher cost of education and a challenging economy, among others, were to blame. And while things didn’t look […]
June Market Insights: Is AI The Next Goldrush?
June 8, 2023 Terminator vs. R2-D2 Download this PDF here. Hollywood and Artificial Intelligence (AI): The Emotional Scars Are With Us Today In the movie Terminator, a dystopian society is under attack by artificially intelligent robots that are hell bent on the destruction of the human species. Skynet is the ultimate doomsday machine, a self-aware […]
May Market Insights: The FTX Fiasco Has Nothing To Do With Blockchain Adoption.
May 11, 2023 Download this PDF here. “Corruption, embezzlement, fraud, these are all characteristics which exist everywhere.” — Alan Greenspan When one thinks of blockchain, one quickly thinks of Bitcoin, NFTs, and cryptocurrencies. Just as so many confuse Mark Twain’s Huckleberry Finn with Tom Sawyer, to the point where the rock band Rush makes satirical […]
Kluge Wealth advisory Group Q1 2023 newsletter
Before we launch into our Winter 2023 Update there are a few important items that we want to draw your attention to: The renovations are complete on our new office space, and we have officially moved one floor up to the 23rd Floor of Centennial Tower West. Wellington Altus will continue to occupy the 22nd Floor […]
April Market Insights: It Looks Like This Holy Fool Was Right, What Now?
April 4, 2023 Download this PDF here. “The holy fool is a truth-teller because he is an outcast. Those not part of the existing social hierarchy are free to blurt out inconvenient truths or question things the rest of us take for granted.” – Malcolm Gladwell in Talking to Strangers Since 2020, I’ve been one […]
Economic and Tax Highlights from the 2023 Federal Budget
March 29, 2023 Download this article as a PDF. On March 28, 2023, Canada’s Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland delivered the 2023 Federal Budget. Budget 2023 outlined plans to build a stronger, more sustainable and secure Canadian economy against a backdrop of slower global growth, elevated global interest rates, and […]
Investment Insights – Spring 2023
Download PDF here Change is the Only Constant “A new technology bids to transform the human cognitive process…redefine human knowledge, accelerate changes in the fabric of our reality and reorganize society.” These are the words of Henry Kissinger on the age of artificial intelligence (AI) and the potential impact of ChatGPT — the AI chatbox […]
March Market Insights: Fire and Ice – The Fight Between Inflation and Deflation
March 6, 2023 What’s a More Significant Risk, Inflation or Deflation? Download this PDF here. “Some say the world will end in fire, some say ice. From what I’ve tasted of desire, I hold with those who favor fire. But if it had to perish twice, I think I know enough of hate to know […]
February Market Insights: Apocalypse Delayed – The U.S. Debt-Ceiling Debate
February 15, 2023 What if the U.S. Government Defaults on its Debt? Download this PDF here. “It’s never paid to bet against America.” – Warren Buffett If the U.S. was to default on its debt obligations, it would cause investors to flee from U.S. Treasuries, leading to a decrease in confidence in U.S. government […]