Market Insights

August Market Insights: The Unreasonable Rally August 12, 2025 Why America’s reset could propel the S&P 500 to 7,500 “The reasonable man adapts himself to the world: the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard

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.” –

June Market Insights: The New Nexus of Power June 10, 2025 Debt, deals, and the dawning tech epoch The factors which really constitute prosperity have not the remotest connection with military or naval power, all our political jargon notwithstanding. – Norman Angell, The Great Illusion (1910) Download this PDF here.

May Market Insights: From Hegemony to Balance May 13, 2025 The Mar-a-Lago strategy and the future of American power “War is the continuation of politics by other means.” – Carl von Clausewitz (1832) Download this PDF here. In an era of unprecedented geopolitical and economic shifts, the Mar-a-Lago Accord signals

THE ILLUSION OF A REVIVAL OR A PRELUDE TO RECKONING? “I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.” – Thomas Jefferson Download this PDF here. Now that the Canadian election is over and Mark

‘A special edition of Hannaford with Calgary-based portfolio manager Petar Pejovic looks at what may be a larger statecraft behind President Trump’s tariffs.’   For very obvious reasons, quarterbacks do not share their intended plays with the other side before the game starts. In sport, war and much else, a

EMBRACING A MULTIPOLAR WORLD: 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 this

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. Bismarck’s 19th-century declaration about the changing realities

Charting a New Path for Economics and Investing as Trump Returns and Trudeau Steps Down You have enemies? Why, it is the story of every man who has done a great deed or created a new idea. – Victor Hugo Download this PDF here. The Shifting Political Landscape In today’s

Prorogation Purgatory: What Parliament’s Shutdown Means for Proposed Tax Changes Download this PDF here. On January 6, 2025, Prime Minister Justin Trudeau resigned, effective upon selection of a new leader of the Liberal Party of Canada, and requested that Parliament be prorogued. The Governor General consented to the request, terminating

How Bitcoin Became America’s Unlikely Saviour “If you are going to put a legend on the greenbacks, I would suggest that of Peter and Paul, ‘Silver and gold I have none, but such as I have I give to thee.” – Abraham Lincoln [1] Download this PDF here. In our fast-paced