Markets giveth and taketh

Published by Richardson GMP on Mar 16, 2020

This week’s Ethos is all about the current bear market.  An update on the recent drop, virus, plus thoughts on economic / earnings fallout.  Also included is a dive into what happened to bond ETFs after many separated from their NAVs last week.... Continue reading
Crude, Corona & Corrections

Published by Richardson GMP on Mar 09, 2020

Futures are limit down, yields are almost gone and oil has fallen 20% this morning. In this early morning revised Ethos we provide an update on the markets, oil, the virus, our correction/capitulation indicators and thoughts on portfolio strategy.... Continue reading
Investor Strategy: Air Pocket

Published by Richardson GMP on Mar 02, 2020

Often the most expensive sport in the world to play is ‘bottom fishing’. But it can also be very rewarding. The markets have just experienced the fastest correction in the history of the S&P 500. Find our latest Investor Strategy piece inside.... Continue reading
Risk-on and Risk-off - Fleeting

Published by Richardson GMP on Feb 24, 2020

The past few weeks have seen both risk-on and risk-off assets moving higher. We started writing this report with the view that it couldn’t last but enjoy it while it does. Well, it appears to be over already with risk-off carrying the day.... Continue reading
Loonie looks interesting

Published by Richardson GMP on Feb 18, 2020

In this week’s Ethos we dive into the loonie. After being one of the strongest currencies in 2019, it has taken a hit so far this year. On the bright side, it is looking rather resilient.... Continue reading
Earnings - where art thou?

Published by Richardson GMP on Feb 10, 2020

While virus headlines continue to dominate headlines, in this week’s Market Ethos we take a step back and focus on the fundamentals. The U.S. Q4 earnings season is about two-thirds complete, and growth appears fairly anemic.... Continue reading
Markets catch a cold

Published by Richardson GMP on Feb 03, 2020

This month's Investor Strategy report includes a market recap, a review of the market cycle (including impacts of the coronavirus), a look into credit, and our portfolio positioning recommendations.... Continue reading
Pandemics & Markets

Published by Richardson GMP on Jan 27, 2020

This week’s Ethos takes a look at past pandemics / global health issues from an economic and market reaction perspective. While each one has been different, there are some similarities. The market reactions in the past have tended to be dramatic and... Continue reading
Climate change investing: Is it sustainable?

Published by Richardson GMP on Jan 20, 2020

This week’s Ethos is about climate change investing. Based on the WilderHill New Energy Global Innovation Index, this space has been rallying very hard and gaining much more attention in the market place.... Continue reading
Checking inflation for a pulse

Published by Richardson GMP on Jan 13, 2020

In this week’s Ethos we dive into inflation. The market now appears to be pricing in benign inflation, well, pretty much forever. While we don't see a huge jump coming, we take a look at some events that could lift it up off the mat.... Continue reading