What Makes for a Smart Investor?
Investors tend to frame intelligence as an edge—the right analysis, the right company, some insight the market hasn’t fully priced in yet. That framing is understandable, but it conflates intelligence with wisdom, and in investing, the distance between the two is where most meaningful decisions get made. We put the question directly to our Investment […]
Iran, the Strait of Hormuz, and Market Impacts for Investors
The Strait of Hormuz has been effectively closed for a month—the first time in modern history. Its impact on the global economy and markets at large has been broad, its resolution remains uncertain, and the range of possible outcomes is unusually wide. This report is aimed at helping make sense of what the Iran conflict […]
Market Minutes, March 2026
The past few weeks have been particularly eventful, with many headlines seemingly at odds with one another. As investors are buffeted by crosswinds, some market segments have fared better than others. Global equities trended higher overall, yet the S&P 500 declined in February. The Canadian economy contracted by 0.6% in the most recent quarter, while […]
Market Minutes, February 2026
Markets have started the year on a high note, with both equities and credit securities delivering positive returns. Impressive fourth-quarter earnings, potentially lower interest rates in the United States, abundant liquidity, capital parked in money market funds—investors have focused their attention here, overlooking geopolitical flashpoints for the time being. The notably absent response highlights an […]
Technical Analysis: Counting Stripes with Janine Guenther
By Janine Guenther CFA, CMT, CFP® In her submission to the CMT Association’s Technically Speaking, Janine Guenther shares an insightful reflection on the importance of thinking critically and independently when it comes to investing—a task that technical analysis is well-suited for. “Looking for zebras in a herd of horses…” This was the answer that my […]
Alternative Investments Masterclass with Bob Sewell
“Diversification always comes back to the same underlying theme: being diversified.” – Bob Sewell In recent years, alternative investments have moved decisively into the mainstream for high-net-worth Canadian families and global investors. The conversation surrounding these strategies now centres not only on diversification and returns but also on enhancing portfolio resilience, managing risk, and achieving […]
Why You Don’t Want a Tax Refund
Canadians often see a tax refund (the balance owed or owing after the process of submitting your tax return) as a small victory at the end of the year—a “bonus” cheque from the Canada Revenue Agency (CRA) that feels like a reward for another successful filing of taxable income. In reality, a large refund is […]
A Guide to Charitable Giving in Canada
“No one has ever become poor by giving.” – Anne Frank Canada’s charitable landscape is shifting. Fewer philanthropic Canadians claim charitable donations on their tax returns each year, yet total giving and the average donation have reached record highs—signalling a quiet concentration of generosity among a smaller group of committed households. For families with the […]
2026 Market Outlook: Clues from 2025 & Key Stories to Watch
“Informed by the past, engaged with the present, and looking towards the future.” – Anonymous Markets delivered impressive returns in 2025, but the journey was anything but smooth. AI breakthroughs, shifting tariff policy, and evolving central bank strategies shaped a year that rewarded discipline and patience alike. This recap is designed as a pre‑event primer […]
Market Minutes, September 2025
September rewarded investors with another exceptional month of equity returns. Many of the world’s leading stock indices climbed by roughly 5% despite what is historically a weak month of the year—a sound reminder that seasonal patterns shouldn’t be the basis for investment decisions. North America’s two largest economies found relief through interest rate reductions, which […]