Please join us in watching Maili’s latest video update this month, where we discuss the recent market volatility driven by trade negotiations and economic uncertainty. We highlight the challenges of absorbing such fluctuations and provide insights on how we at The Wong Group are navigating these uncertain times.
00:01– Maili discusses recent market volatility and provides insights on how client portfolios are being managed to navigate risks during these times. Continued uncertainty from trade negotiations and tariffs is highlighted, along with the economic uncertainty stemming from policy discussions.
00:56 – Maili emphasizes the importance of not overreacting and missing out on market updates, as selling and cashing out can lead to missing out on some of the best days.
01:40 – Insights into the quarterly earnings season are provided, noting that many companies have beaten analysts’ earnings expectations despite the uncertainty.
03:54 – Maili discusses her recent trip to New York City, where she met with top investment minds to discuss current global market conditions and strategies, providing valuable insights on navigating future challenges.
5:00 – Maili discusses importance of building contingencies and preparation for the unexpected is discussed, with a focus on how large businesses are equipped to deal with uncertainty.
06:01 – Maili addresses the increased odds of a recession due to policy decisions, but notes that the risks of a deep and prolonged recession may not be that high.
07:00 – Robust credit conditions and interest rates are mentioned, with a note that interest rates in Canada and the US are likely to come down if there is a more prolonged recession
Despite short-term volatility, we remain optimistic about the market’s long-term recovery. Businesses are well-equipped to adapt, and we believe that markets will eventually recover after these fluctuations.
If you have any questions about how this relates to you or your investment portfolio and financial plan, please give us a call at 778-655-2410 or email us at thewonggroup@wellington-altus.ca
Sincerely,
Maili Wong, CFA, CFP, FEA
Senior Portfolio Manager & Senior Wealth Advisor
Wellington-Altus Private Wealth Inc.
Board Director
Wellington-Altus Financial Inc.
