Quarterly Newsletter

Filter By Year

Read Through Our Latest News Posts To Gain Insights Into The Market.

2015 Q1 Newsletter
March 31, 2015
Growth in the Canadian economy slowed to a crawl in the first quarter (Q1) due largely to the impact of lower oil prices on the Western Canadian economy.  GDP growth in Q1 2015 for Canada was a mere 0.85% and for United States was 1.49%. To read mor...
2014 Q4 Newsletter
December 31, 2014
We entered 2014 with an investing environment more stable than any period since the financial crisis of 2008. Markets remained orderly as expected until the price of oil price began an accelerated decline on October 1, 2014. As of December 31, 2014 t...
2014 Q3 Newsletter
September 30, 2014
Third Quarter (Q3) proved to be challenging with strong positive performance in July and August followed by a sharp selloff in late September. Returns for the quarter were slightly negative on the Toronto Stock Exchange for Q3 although LDIC portfolio...
2014 Q2 Newsletter
June 30, 2014
During the second quarter (Q2), stocks benefited from many of the same factors that propelled prices to their 2013 year end levels despite some less than rosy news flow. A weak Q1 GDP was reported and subsequently revised even lower in the United Sta...
2014 Q1 Newsletter
March 31, 2014
Good bye Winter! Hello Spring! With the end of the frigid winter comes the promise of a fruitful spring. Positive economic data and market returns reinforce our bullish stance for 2014 despite the best efforts of Mother Nature to freeze progress. To...
2013 Q4 Newsletter
December 31, 2013
It was another eventful year in the financial markets as the North American economy made positive strides. The advance was aided by a decline in the number of “financial failures”. Key financial events starting the year with the U.S. falling off the ...
2013 Q3 Newsletter
September 30, 2013
Continuing economic growth in the United States encouraged equity markets. This optimism was tempered by occasional bouts of rising interest rate jitters, fear of premature stimulus reduction (also known as tapering) and US political gridlock. To re...
2013 Q2 Newsletter
June 30, 2013
Rising interest rates and fear of rising interest rates dominated the moves in the markets in second quarter (Q2). The key question; Will US Federal Chairman Bernanke slow down his $85 billion a month mortgage bond buying spree or not? To read more,...
2013 Q1 Newsletter
March 31, 2013
Equity markets performed well in first quarter (Q1) buoyed by US job creation and a rebounding US housing market. US equities continued to outperform the Canadian markets in the first quarter as the S&P 500 total return delivered 13.0% versus 3.3...
2012 Q4 Newsletter
December 31, 2012
Important economic progress in the United States and China underpinned decent equity market performance in fourth quarter (Q4). Progress was hampered by uncertainty generated by the intense US political debate about taxation and spending policies. T...