“Every time we do something great, he raises the interest rates.” Donald Trump To get the bad Hallowe’en puns and movie references out of the way, Red October offered investors more tricks than treats. The S&P and TSX were down over 6%, and bond funds posted negative results on the back of higher rates. The […]
The Good, The Bad, and The Ugly| November 2018
“In the short run, the market is a voting machine, but in the long run it is a weighing machine.” Benjamin Graham Although November marks the Day of Remembrance, for most credit managers it was a month they’d rather forget. To borrow an analogy from investment guru Ben Graham, Mr. Credit Market’s mood went from […]