Market Ethos

Valuations leave little room to stumble

June 30, 2025. Market Ethos. Will the months of uncertainty which is starting to show up in some pockets of economic data also show up…

8 minute read

Market Ethos

The hedge debate

June 23, 2025. Market Ethos. After the U.S. dollar (USD) lost about 5% of its value relative to the Canadian dollar (CAD) so far this…

10 minute read

Market Ethos

Mind the cap

June 16, 2025. Market Ethos. We have largely avoided discussing small or mid caps, but thought this would be a good time to dive back…

9 minute read

Market Ethos

Risky business

June 9, 2025. Market Ethos. One would think a playground fight (on X) between the president and the world’s richest man would have negative implications.…

9 minute read

Market Ethos

Let’s talk about yield

May 26, 2025. Market Ethos.

11 minute read

Image of a colourful spinning top tilting off balance, symbolizing market volatility and wobbly financial conditions

Market Ethos

Wobbly

May 20, 2025. Market Ethos. The April correction was caused by policy, or rather changing policy.

8 minute read

Market Ethos

New tune or same old dance?

May 12, 2025. Market Ethos. Could we be entering a long period of international outperformance vs the U.S.? The setup is in place, but it…

9 minute read

Market Ethos

Corrections come in different shapes and sizes

April 28, 2025. Market Ethos. Recency bias is even more elevated than normal due to the recent periods of market weakness. We don’t believe this…

8 minute read

Market Ethos

On again, off again

April 21, 2025 - We are not in the recession camp, but we could see markets creating a deeper buying opportunity if those fears ramp…

10 minute read