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Market Commentary

September 2020 Update

Wise to resolve, and patient to perform. – Homer Markets A number of indicators are pointing to solid economic performance, jointly supported by government spending programs, central bank easing, and what I would call a newfound spirit of public cooperation. Particularly, US new home sales, which has been an important

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August 2020 Update

A page of history is worth a volume of logic. – Oliver Wendell Holmes Markets I am pleased to report another month of positive performance from each of the four portfolio strategies. Notably, Canadian Growth continues to outperform the TSX Index by a substantial margin over the past twelve months.

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July 2020 Update

Birds build nests because they cannot fly forever. – Matshona Dhliwayo Markets This month I watched three incredible stories unfold. First, a popular day trader pulled three scrabble letters out of a bag to form a stock symbol, which he and his hundreds of thousands of online followers bought without

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June 2020 Update

The world breaks everyone and afterwards many are strong at the broken places. – Ernest Hemingway Markets I am pleased to report that as of the time of writing, the Growth Portfolio is now positive on a year to date basis, positive on a one year basis, and that all

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May 2020 Update

Continuous effort, not strength or intelligence, is the key to unlocking our potential – Winston Churchill Markets I am pleased to report that the Growth Portfolio recorded its best month on record this April, up 15%, and that all mandates increased in value over the month, as of the time

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April 2020 Update

We are more often frightened than hurt; and we suffer more from imagination than from reality. – Seneca  Widespread fear is your friend as an investor because is serves up bargain purchases. – Warren Buffett Markets I am pleased to report each of the four portfolios outperformed their benchmarks again

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Canadian Government Action & Financial Implications

These are extraordinary times that require extraordinary measures to help our country navigate the financial pressures resulting from the economic climate. The Federal Government announced today measures to help Canadian individuals and business owners cope with the fallout from COVID-19. It is important to understand that most of the measures

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February 2020 Update

For all your days prepare, And meet them ever alike: When you are the anvil, bear – When you are the hammer, strike. – Edwin Markham Markets Each of the Portfolios supplied better performance than its benchmark over a volatile February. Stocks fell quickly and substantially, particularly the last week

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January 2020 Update

Let joy be in your journey, not some distant goal. – Tim Cook, Apple CEO Markets For the most part our companies had a great start to 2020. Our energy companies in the Growth Portfolio gave back some of the recent gains on corona virus fears, which was offset partially

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December 2019 Update

The real voyage of discovery consists not in seeking new landscapes but in having new eyes. – Marcel Proust It is the emptiness within the cup that makes it useful. – Lao-tzu Markets Value stocks continued their march higher in December, granting the Growth Portfolio another one of its best

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The opinions contained herein are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Wellington-Altus Private Wealth. Assumptions, opinions and information constitute the author’s judgement as of the date this material and subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Graphs and charts are used for illustrative purposes only and do not reflect future values or future performance of any investment. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance. All third party products and services referred to or advertised in this presentation are sold by the company or organization named. While these products or services may serve as valuable aids to the independent investor, WAPW does not specifically endorse any of these products or services. The third party products and services referred to, or advertised in this presentation, are available as a convenience to its customers only, and WAPW is not liable for any claims, losses or damages however arising out of any purchase or use of third party products or services. All insurance products and services are offered by life licensed advisors of Wellington-Altus. Wellington-Altus Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. All trademarks are the property of their respective owners.