Dec 13, 2023 | Monthly Commentaries
“We make a living by what we get, but we make a life by what we give.” Winston Churchill In the spirit of the holiday season, we decided to forego the usual musings that we begin our commentaries with, to highlight a cause that is near and dear to us. Over the past...Dec 8, 2023 | Notes from the Desk
Notes From the Desk – US Payrolls – A Dent In The Narrative Over the last several weeks, we have seen bond yields plummeting lower on expectations that the Federal Reserve (Fed) would start cutting rates in early spring. Today’s employment data has...Dec 6, 2023 | Notes from the Desk
Notes From the Desk – Bank of Canada Rate Announcement – A Tentative Step Closer To no one’s surprise, the Bank of Canada held the policy rate steady at 5%, while continuing the process of reducing their balance sheet (Quantitative Tightening). Most...Nov 14, 2023 | Notes from the Desk
Notes from the Desk – US CPI – Encouraging News The US October CPI report saw both headline and core inflation softer than expected. By the numbers. YoY CPI 3.2% (3.3% expected) YoY Core inflation 4% (4.1% expected) Implications. The downside...Nov 9, 2023 | Monthly Commentaries
“The four most dangerous words in investing are: ‘this time it’s different’.” Sir John Templeton It is an exciting time to be a bond nerd. After a few of the most volatile years we have ever seen, it now appears that we are in the midst of a paradigm shift in...
