Yellow Light, Green Light

The ongoing recovery in International equities, stronger than expected Canadian equity performance and a loonie in flight. See how such themes influenced Q3 performance and how we’re moving ahead.

04.14.2017 - Scott Guitard, Vice President, Portfolio Manager

Yellow Light, Green Light


Here are some themes we’ll be watching this quarter.

We believe:

  • Canadian bond yields will likely trend higher, albeit at a slower pace, as year-over-year data remains healthy, but is working off a depressed base.
  • In aggregate, US equity valuations remain elevated, boosted by key Information Technology stocks.
  • Oil prices are likely to remain range-bound, as overseas production cuts are balanced against rising US output.
  • Political uncertainty in the Euro area is now moderating with the end of elections in France and Germany and outcomes supported by investors.
  • Higher corporate earnings will continue to push emerging markets higher.



Spring Ushers in Market Advances

07.25.2017 Scott Guitard, Vice President, Portfolio Manager

Surging European equities, rising US valuations and headwinds for Canadian equities were all part of Q2. See how our asset mix strategy measured up.

Spring Ushers in Market AdvancesNEXT POST


Running the US Bull Market Marathon

04.14.2017 Fiduciary Trust Canada

This second longest US bull market in history is raising questions as its upward climb continues. Where do we go from here? See why pace is key in running this marathon.

Running the US Bull Market MarathonPREVIOUS POST