Newsletters

With summer vacation season upon us, many may be taking a well-deserved breather from jobs or businesses, or perhaps an equally deserved respite from the headlines. But what about your funds? Our summer newsletter, “Keep Time On Your Side,” provides some perspectives on the importance of keeping your assets as productive as possible.

Volatility returned to start the year, not just in financial markets, but in U.S. policy, driving geopolitical uncertainty amid widening global conflict. At a time when uncertainty feels amplified and global policy-making remains volatile, discipline becomes increasingly important, particularly when the range of possible outcomes is wide.

After another solid year for the markets, many are wondering what lies ahead. What’s likely to continue: our relentless drive to innovate, evolve and grow. With a longer-term view, a strong case can be made that markets and economies will continue to grow.
Here’s to a wonderful New Year—and all that lies ahead!

Change is hard. History shows it’s difficult to know, in the moment, which changes will reshape the world. In 1896, Washington, DC banned the introduction of cars because they threatened the livelihoods of horses. In our autumn newsletter—“An Exponential Shift?”—we share perspectives on artificial intelligence, which fueled investor enthusiasm over the summer.

If the spring reinforced anything, it’s that we should expect the unexpected. While uncertainty is always part of the near-term outlook, the next 3.5 years under the current U.S. administration will likely bring continued policy shifts and unpredictability. April’s market events were understandably overwhelming for many—but the rapid sentiment shift serves as a reminder of the importance of discipline in investing.

The old joke that “economists exist to make weathermen look good” may feel especially relevant today. So far, 2025 has proven just how unpredictable the near-term outlook can be. Despite the challenges, the underlying forces driving progress—resilience, adaptation, innovation—persist over time. Continue looking forward.

In our Winter newsletter — “How Do You See the Glass?” — We share some thoughts on how this timeless metaphor can serve as a reminder of the value in maintaining a balanced perspective. It continues to be a privilege to support your wealth management. Here’s to a new year, and a glass overflowing with health, happiness and continued prosperity.

The perception that time seems to go by faster as we grow older certainly rings true — it’s hard to believe that summer has already passed and we are now entering the final months of 2024. In our Autumn newsletter — “Continued Growing Pains” — we provide some perspectives on Canada’s productivity, which has received significant press recently.