Market Ethos

Bonds-equities: Diversification is harder to come by

July 8, 2024. Market Ethos. The 2020s have seen a dramatic move higher in correlations between equities and bonds – in both returns and magnitude.…

14 minute read

Market Ethos

Déjà vu

June 25, 2024. Market Ethos. Using the 1990s dotcom bubble as a loose comparison, is this 1997, 1998, 1999 or 2000? Are the four horsemen…

11 minute read

Market Ethos

Is inflation beat? Not so fast.

June 17, 2024. Market Ethos. We think inflation might cool more, but counter forces will probably limit the improvements. If the economy reaccelerates, inflation could…

10 minute read

Market Ethos

Everything in moderation

June 10, 2024. Market Ethos. Investors should start to think differently about portfolio construction and diversification. Call it diversifying your diversification.

12 minute read

Market Ethos

Keep calm and carry on

May 27, 2024. Market Ethos. Markets are eerily calm across many different geographies and asset classes like a cottage lake early in the morning. Maybe…

9 minute read

Market Ethos

When bad news is good news

May 21, 2024. Market Ethos. We might be in a unique market mood when bad news is good news. Equity market weakness in April can…

10 minute read

Market Ethos

Getting positive on Emerging Markets

May 14, 2024. Market Ethos. After being cool on emerging markets for a long time, why are we more positive? WWhile we aren't jubilant, we…

12 minute read

Riding the wave

Market Ethos

Earnings riding a wave of optimism

The U.S. earnings season is halfway through the Q1 season and it has been good. Earnings probably have more going for them than against them…

10 minute read

Market Ethos

Energy rally sustainable?

April 23, 2024. Market Ethos. How sustainable is the Canadian energy rally? Oil has been the biggest silent outperformer this year. Given the run-up in…

9 minute read