Market Ethos
Oct 07 - 202415 min read

Foggy

Anticipated volatility in September didn’t come as expected. Though markets wobbled at the beginning of the month, risk appetite and optimism came back in a hurry following the Fed jump-starting its easing cycle with a 50bp cut mid-month....

Craig Basinger

byCraig Basinger

Market Ethos
Sep 30 - 20246 min read

Crouching Economy, Not-So-Hidden Stimulus

Following a global market rally spurred by a recent Fed rate cut, China introduced a significant stimulus package to counter its economic slowdown. ...

Derek Benedet

byDerek Benedet

Market Ethos
Sep 23 - 20245 min read

Return of the Dividends

As of June 30th of this year, the halfway point, the TSX was up about +6%. Meanwhile, dividend stocks, as measured by the DJ Canadian Dividend Select index, were marginally better than flat (+0.9%)....

Craig Basinger

byCraig Basinger

Market Ethos
Sep 16 - 20246 min read

Multi-Trillion-Dollar Question

Okay, we all watched this play out over the past few years. As cash yields rose, the money started flowing. And did it ever? Billions and trillions flowed into various cash vehicles from GICs, HISAs, and money market funds. ...

Craig Basinger

byCraig Basinger

Market Ethos
Sep 09 - 20245 min read

Portfolio Playbook

What will you do if the market tumbles 8% in October, a month known for having above-average volatility? You are probably thinking you will put some cash to work and buy that dip! ...

Craig Basinger

byCraig Basinger

Market Ethos
Sep 03 - 202414 min read

Rocky

How can we characterize the market of late? The analogy that keeps popping into my mind is Rocky fighting Ivan Drago in the 12th round as his corner keeps yelling: “Don’t go down.” This market is listening....

Craig Basinger

byCraig Basinger

Market Ethos
Aug 26 - 20246 min read

Energy's Shifting Sands

While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline in commodity prices since the quarter's inception, energy stocks have exhibited unexpected relative strength. ...

Derek Benedet

byDerek Benedet

Market Ethos
Aug 19 - 20246 min read

Elasticity of Yield Demand

Bond yields have certainly moved lower during the past month or two. Early May saw the 10-year U.S. Treasury yield around 4.75%, down to 3.9% as of mid-August....

Craig Basinger

byCraig Basinger

Market Ethos
Aug 12 - 20245 min read

Recession Flip-Flop Talk

Beneath the ‘carry trade’ talk, there has been an uptick in folks talking about recession once again. That will be our brief topic this week....

Craig Basinger

byCraig Basinger

Market Ethos
Aug 06 - 20247 min read

Carrymageddon

What just happened to markets on our holiday Monday? Most are still scratching their heads as to what happened as the market weakness from last week took an abrupt turn for the worse. ...

Craig Basinger

byCraig Basinger

Market Ethos
Aug 06 - 202411 min read

What Did We Just Hit?

Sometimes, you are driving along nicely, and suddenly, your car is jolted as you hit a pothole… well the market just did that… or maybe it’s a sinkhole. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jul 29 - 20245 min read

Our Worst Tilt of the Year… So Far

Marketing in the investment management industry is often focused on pieces of a portfolio that have worked out really well. How a great idea got into a portfolio and produced the desired results....

Craig Basinger

byCraig Basinger

Market Ethos
Jul 22 - 20246 min read

Can't Get No... Diversification

Building on our July 8th Market Ethos – Efficient Frontier Shifts Right – this edition goes searching for diversification in a more correlated world. The stock-to-bond correlation is at the core of multi-asset portfolio construction, and from 2000 to 2020, it was negative....

Craig Basinger

byCraig Basinger

Market Ethos
Jul 15 - 20246 min read

One-Legged Stool – Multiple Expansion

Everyone likes new market highs, as do we, even with our more defensive mindset of late. The S&P has been busy entering never-before-seen levels, so has the TSX, and so has Europe. Asia has been a little off of record highs, but not by much. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jul 08 - 20247 min read

Efficient Frontier Shifts Right

Remember the days when stocks and bonds moved more independently or even in the opposite direction to one another? Ahhhh, the 2010s, with the benefit of hindsight, it really was a marvellous time....

Craig Basinger

byCraig Basinger

Market Ethos
Jul 02 - 202414 min read

Halftime

There isn’t too much for investors to complain about as we pass into the 2nd half of 2024. Equities are up rather nicely, and the Bloomberg World Equity Index is about +15%, which is darn good for the halfway point....

Craig Basinger

byCraig Basinger

Market Ethos
Jun 24 - 20246 min read

1997 or 2000?

We are clearly in some sort of "artificial intelligence bubble" with many of the common bubble characteristics present. It is a disruptive technology that is changing the way people do things......

Craig Basinger

byCraig Basinger

Market Ethos
Jun 17 - 20246 min read

Is It Over?

It seems like just yesterday that you could buy a pint of Stella for $7 or so. Now, more often than not, it is closer to $10. And with the benefit of hindsight, the current higher inflationary environment can be blamed on a few pretty big factors....

Craig Basinger

byCraig Basinger

Market Ethos
Jun 10 - 20246 min read

Crisis Alpha

If the wealth advice service were in the manufacturing industry, the portfolio would be akin to what we make. Sure, there are many value-added services in addition to the portfolio, but it’s the portfolio that has to succeed for the client to reach their long-term goals....

Craig Basinger

byCraig Basinger

Market Ethos
Jun 03 - 202411 min read

This Ain’t That

The US market is up a little over 10% this year, Canada +6%, Europe +10%, and Japan +15%, while bonds are down about -1%. Huh, that sure does look like asset allocation is working well again after the car crash of 2022......

Craig Basinger

byCraig Basinger

Market Ethos
May 27 - 20245 min read

The Calm Before the Calm

Should it be any surprise how calm markets have become? Global equities are up 9.2% year to date. Apart from a 2% decline in January and a 5% drop in April, the trend has been steadily up to the right on the chart....

Craig Basinger

byCraig Basinger

Market Ethos
May 21 - 20246 min read

More Bad News, S’Il Vous Plaît

I think we might be in that very unique market mood when bad news is good news. The equity market weakness in April can probably be attributed to bond yields moving higher, so any economic data on the weaker growth side is welcome news at the moment....

Craig Basinger

byCraig Basinger

Market Ethos
May 13 - 20247 min read

Is It Time for Emerging Markets?

The normal narrative for encouraging investors to look at emerging markets typically goes like this: The valuations are cheap, the demographics/rising incomes are supportive of growth, and they offer diversification. ...

Craig Basinger

byCraig Basinger

Market Ethos
May 06 - 202412 min read

Lots of Bulls and Bears

Take your pick. There is no shortage of both good and bad news floating about the financial markets. To be fair, this is always the case. ...

Craig Basinger

byCraig Basinger

Market Ethos
Apr 29 - 20246 min read

Earnings Optimism

There are three things you should rarely ever bet against: the Leaf’s opposing team in the playoffs, the American consumer’s ability to spend, and corporate profits. As we are now about halfway through U.S. earnings season, once again, positive surprises remain the norm; 81% have beaten....

Craig Basinger

byCraig Basinger

Market Ethos
Apr 22 - 20246 min read

Energy Stars Align

The oil market has been interesting lately and, to the surprise of many, has been the biggest silent outperformer this year....

Jeremy Lin

byJeremy Lin

Market Ethos
Apr 15 - 20245 min read

Value in the Canadian Dollar

The weakness in the Canadian dollar is pretty easy to explain. U.S. inflation has ticked higher, as has the American economic data. ...

Craig Basinger

byCraig Basinger

Market Ethos
Apr 08 - 20245 min read

Dividend Depression

Dividend investing is supposed to be easy. Find quality companies with long track records of paying or even increasing their dividends, buy some shares, collect your regular tax-advantaged payments over time and watch the share price go higher....

Craig Basinger

byCraig Basinger

Market Ethos
Apr 01 - 202414 min read

WHY?

Financial literacy is predicated on asking the question, “Why?” Why does this market keep moving higher? Why is inflation fading so slowly? Why are home prices high given low affordability?...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 25 - 20246 min read

IPOs – Where Art Thou?

There is no denying the equity markets are in the throws of a strong advance. The S&P is up 21% over the past six months, Europe is up 19%,  and Japan is up 25%. ...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 18 - 20246 min read

Inflation - Not Going Quietly Into the Night

Now with 2024 well underway and the equity market up smartly, should we be concerned that inflation doesn’t seem to be going quietly into the night?...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 11 - 20246 min read

What’s Up With Gold?

If you have ever held gold within your portfolio, it is a safe assumption that you found the experience frustrating. Sometimes, the stars align for gold, such as positive retail/bank flows, falling real yields, a weaker US dollar, and war breaking out somewhere. ...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 04 - 202413 min read

A Bubbly World

The history of markets is filled with examples of bubbles, creating great wealth on the way up and subsequently destroying much wealth on the way back down. ...

Craig Basinger

byCraig Basinger

Market Ethos
Feb 26 - 20247 min read

Cash vs GICs vs Bonds

So far this year, investors have piled into cash, added into bonds and sucked money out of equities....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 20 - 20246 min read

Nobody Controls Risk in an Index

The steady redemptions over the years from active managers and reallocation to passive have created more steady selling pressure in strategies that focus on value or fundamentals....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 12 - 20245 min read

American Exceptionalism

Over the past month or so, the economic data from America has certainly turned up somewhat. A strong Q4 GDP print of 3.1%, two back-to-back months of 300k+ job gains, and even manufacturing activity has ticked higher....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 05 - 202416 min read

Conflicting Forces

In the heart of every market lies a fierce clash between bulls and bears, where optimism battles pessimism and greed contends with fear. Buyers and sellers engage, and their sheer will is one of the most important factors driving the markets. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jan 29 - 20245 min read

Do Valuations Matter?

One could certainly question the importance of valuations in this market. If you were bold enough to buy Nvidia a year ago, ignoring the 60x price-to-earnings (forward earnings), you made money....

Craig Basinger

byCraig Basinger

Market Ethos
Jan 22 - 20248 min read

Moody Market

Markets certainly move around a lot. Last summer, the stock market rallied over a number of months into the end of July before going on a three-month decline due to rising bond yields. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jan 15 - 20246 min read

Maybe It Was Transitory After All

The illusion of causality is a behavioural bias in which we believe there is a cause-and-effect relationship at work which just isn’t there....

Craig Basinger

byCraig Basinger

Market Ethos
Jan 08 - 20247 min read

60/40: The Reports of My Death Are Greatly Exaggerated

It was not that long ago, perhaps about a year at its peak frequency, that you couldn’t go far without coming across another report extolling the death of the plain vanilla 60/40 portfolio allocation. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jan 02 - 202410 min read

2023 Year in Review

Let’s just say it: despite all the headlines, twists and surprises along the way, 2023 was a great year for investors. The S&P 500 was the star at +23% (all returns are total returns in CAD). ...

Craig Basinger

byCraig Basinger

Market Ethos
Dec 18 - 20233 min read

Top 10 Ethos of 2023

In keeping with our annual tradition, below are our favourite Market Ethos publications of the past year. In chronological order....

Craig Basinger

byCraig Basinger

Market Ethos
Dec 11 - 20236 min read

Is the “Buy the Dip” Era Over?

2023 may not be over yet, but with only a few weeks left, it appears to have been a great year to be an investor. Global equities are up about 15%, led by the S&P and Europe at +20%, followed by Japan at +13% and the TSX at +7%....

Craig Basinger

byCraig Basinger

Market Ethos
Dec 04 - 202331 min read

2024 Outlook – The Great Reset Final Act

Over the past couple of years, we have been enduring a great reset following a decade-long period that was characterized by disinflation, lower economic growth, low yields and lots of monetary stimulus. ...

Craig Basinger

byCraig Basinger

Market Ethos
Nov 27 - 20236 min read

Japan Still Rising

Have you ever noticed when a manager or advisor or investor talks about their portfolio, they tend to focus much more on what has worked out well and often gloss over detractors?...

Craig Basinger

byCraig Basinger

Market Ethos
Nov 20 - 20236 min read

Inflation Victory Lap

Grab that bottle of Veuve and give your sabrage skills a test; inflation is over, and it's time to party. Well, that is the way the equity markets have rejoiced on a handful of data points supporting the view that inflation risk is quickly fading. ...

Craig Basinger

byCraig Basinger

Op-Ed
Market Ethos
Nov 10 - 20239 min read

Portfolios with a Purpose – Active vs Passive

The debate between passive and active is not something new. There are strong arguments that can be made for both sides, but in our eyes, there does not necessarily have to be a clear winner of this battle....

Brett Gustafson

byBrett Gustafson

Market Ethos
Nov 06 - 202312 min read

Year-End Rally?

2022 was certainly a rather painful year for investing. There were more central bank rate hikes than any of us would care to count, yields moved from ultra lows to the highest in a few decades, and markets took it on the chin. ...

Craig Basinger

byCraig Basinger

Market Ethos
Oct 30 - 20235 min read

Earnings Hits and Misses

We are about halfway through the U.S. earnings season, with 245 of the S&P 500 having already reported. Earnings are rather backward-looking, kind of like GDP reports, since the quarter started in July and ended in September....

Craig Basinger

byCraig Basinger

Market Ethos
Oct 23 - 20237 min read

The Thematic Riddle

Okay, we will start this week with full acknowledgement that this edition is a bit self-serving; it’s about thematic investing, and yes, we launched a thematic-focused strategy last week....

Craig Basinger

byCraig Basinger

Market Ethos
Oct 16 - 20236 min read

Sometimes, Even a Free Lunch Can Taste Bad

Harry Markowitz, the father of modern portfolio construction, is often quoted as saying, “Diversification is the only free lunch” in investing....

Craig Basinger

byCraig Basinger

Market Ethos
Oct 10 - 20235 min read

Crowding Out Risk

Now, that was a blockbuster jobs report. The U.S. economy added 336k jobs in September, based on the nonfarm payroll report, which was much stronger than expected. ...

Craig Basinger

byCraig Basinger

Market Ethos
Oct 02 - 202313 min read

From Bayes to Bulls: A Probabilistic Look into Market Strategy

Here comes some good news: given the drop in August and September, markets are pretty oversold. Sentiment has turned more bearish, which is bullish....

Craig Basinger

byCraig Basinger

Market Ethos
Sep 25 - 20236 min read

Markets Yield to Higher Yields

Not a very kind September so far, as equity markets are down: TSX -2%, S&P -4%, NASDAQ -6%, and international -2%....

Craig Basinger

byCraig Basinger

Market Ethos
Sep 18 - 20235 min read

Dividends for Sale

Investing isn’t easy. The markets rarely behave the way most think they should and seem to often behave to make the most people wrong. The financial media is filled with tales of fat tails – either things that went exceptionally well or extremely poorly....

Craig Basinger

byCraig Basinger

Market Ethos
Sep 11 - 20236 min read

Little Trouble in Big China

There’s no denying the Chinese stock market has had a tough go. Over the past 3-years, the Shanghai Shenzhen CSI 300 index is down about 15%. ...

Craig Basinger

byCraig Basinger

Market Ethos
Sep 05 - 202312 min read

AI to the Rescue (Again)

August was a difficult month for both stocks and bonds. Rising rates tightened financial conditions and sent both asset classes into the red. At one point, the S&P 500 was down nearly 6% from the July highs. ...

Craig Basinger

byCraig Basinger

Market Ethos
Aug 28 - 20236 min read

What Happens on the Other Side

Each year since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium on an important economic issue facing the U.S. and world economies....

Derek Benedet

byDerek Benedet

Market Ethos
Aug 21 - 20235 min read

In Need of Some Bad News

Markets have enjoyed a great advance in June and July, thanks to a number of factors....

Craig Basinger

byCraig Basinger

Market Ethos
Aug 14 - 20236 min read

Bulls, Bears, and Pumpkin Spice

Investor sentiment is a pendulum that swings back and forth between extreme optimism and extreme pessimism and never sits still. Every individual stock has its own little pendulum. At times investors rapaciously bid up shares, believing prices will continue driving prices to irrational levels....

Derek Benedet

byDerek Benedet

Market Ethos
Aug 08 - 20235 min read

Earnings: Economists vs Analysts

Here we are again, closing out the Q2 earnings season for the U.S. and Canadian equity markets. The S&P 500 is now over 84% complete and has seen positive surprise rates of about 80%, keeping with standard practice....

Craig Basinger

byCraig Basinger

Market Ethos
Jul 31 - 20239 min read

Time Flies

Time often seems to slow down during market sell-offs or corrections, as the volatility creates a more news-filled world. On the flip side, when markets keep going up, time flies. So if you are wondering why this summer seems to have flown by quickly, blame the stock market. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jul 24 - 20237 min read

Currency Matters

At the beginning of the year most strategists expected a few things: recession to soon materialize, the Fed to stop hiking, pivot mid-year, and then aggressively cut in the second half leading to U.S. dollar weakness....

Derek Benedet

byDerek Benedet

Market Ethos
Jul 17 - 20237 min read

Style Postmortem

While we have kept up with our peer group thanks to some other contributors such as Japan, an overall overweight in international equity and manager selection within fixed income, our style tilt has been, well, wrong so far in 2023....

Craig Basinger

byCraig Basinger

Market Ethos
Jul 10 - 20235 min read

Jobs

Well, it looks like AI (artificial intelligence) has not replaced everyone’s job just yet. Last week saw a surprisingly strong ADP employment report of 497k – double what economists were expecting....

Craig Basinger

byCraig Basinger

Market Ethos
Jul 03 - 202311 min read

Everything Has Gone K-Shaped

Economic parlance often tries to use a single letter to capture what is happening. For example, a V-shaped recovery in the economy or market represents a sudden drop followed by a sudden rise; L-shaped is a sudden drop followed by a muted recovery. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jun 26 - 20236 min read

Does the Market Need to Drink to Have a Good Time?

If the punch bowl is stimulus, it is safe to say over the past number of years, the market has become rather hooked on this sweat-intoxicating elixir. QE, rate changes, and twists all had pretty big impacts on stock prices, both up and down. ...

Craig Basinger

byCraig Basinger

Market Ethos
Jun 19 - 20238 min read

Dividend Divergence

The headlines are currently dominated by stories or ‘financial explanations’ as to the jump in U.S. equities, enjoying one of the best weeks in months. AI, Fed pausing rate hikes, some decent economic data, and improving breadth are the most prevalent....

Craig Basinger

byCraig Basinger

Market Ethos
Jun 12 - 20237 min read

It's Priced In

Have you ever heard the words “it's priced in,” referring to the market or an investment pricing in some sort of potential negative event? The TSX is trading at 13x earnings estimates, historically low for this index, clearly pricing in some uncertainty or potential recession ahead....

Craig Basinger

byCraig Basinger

Market Ethos
Jun 05 - 202310 min read

Two Tales of the Same Market

Global equities, as measured by the Bloomberg World Equity Index, are up 9% so far in 2023. So, is it safe to give the all-clear with a soft landing and markets go higher? ...

Craig Basinger

byCraig Basinger

Market Ethos
May 29 - 20235 min read

Is the Third Time a Charm?

For the third time in as many years, gold is brushing up against the 2,000/oz zone, raising the question of whether this resistance level will hold once again or will the yellow metal finally break out. ...

Craig Basinger

byCraig Basinger

Market Ethos
May 23 - 20235 min read

Buy the Dip or Sell the Tip?

Looks like we have a deal. Markets are pleased that a debt ceiling appears to be within reach, avoiding all the potentially bad stuff that this politically motivated crisis could have unleashed....

Craig Basinger

byCraig Basinger

Market Ethos
May 15 - 20236 min read

Good News, Good News, and More Good News

Over the past few weeks, we would say the news has been tilted solidly towards the ‘good’ side. The world’s largest central bank (Fed) effectively announced the cessation of rate hikes, ending a fourteen-month journey that raised overnight rates from 0.25% to 5.25%. Yay!!!...

Craig Basinger

byCraig Basinger

Market Ethos
May 08 - 20235 min read

Leaning Back a Bit

Good news – the world’s largest central bank hit the pause button on rate hikes last week. After embarking on a rate hiking cycle in March of 2022, it would appear the Fed is done for now after hiking from 0.25 to 5.25%. Yay!! ...

Craig Basinger

byCraig Basinger

Market Ethos
May 01 - 202311 min read

Hold the Line

The S&P 500 is up about +8% so far this year, the TSX +7%, Europe is up well over 10%, and Asia is doing pretty well, too. Even bonds are up. This bear market rally (assuming we are still in a bear market) is being fuelled by a healthy dose of good news....

Craig Basinger

byCraig Basinger

Market Ethos
Apr 24 - 20237 min read

Bigger Is Not Always Better

For broad U.S. market exposure, bigger isn't always better. In a multi-asset portfolio, we've long argued the case that being active can provide long-term added value. But being active doesn't necessarily mean solely relying on active managers....

Derek Benedet

byDerek Benedet

Market Ethos
Apr 17 - 20234 min read

Glass Half Full

It’s been a good month with the S&P and TSX bumping up against the top of a range that has existed for half a year now....

Craig Basinger

byCraig Basinger

Market Ethos
Apr 10 - 20235 min read

Bonds Being Bonds Again, Who Knew?

For years bonds had a single job in portfolios, providing a ballast during periods of equity market weakness. Ok, maybe spin off a little income along the way....

Craig Basinger

byCraig Basinger

Market Ethos
Mar 31 - 202313 min read

Active Defence

Investing is never easy, even at times like back in 2021 when it actually was easy. Just about everything went up in 2021, but this year isn’t the same. ...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 27 - 20236 min read

Stuck

If you take a step back from the day-to-day market gyrations, it appears we are stuck. How could the market become unstuck and, most importantly, in which direction?...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 16 - 20237 min read

It Is 2023, Not 2008

It’s fair to say that investors remember the last bear market the best; the one before that is a hazy memory, and if they have been investing long enough, the one before that is almost forgotten. ...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 13 - 20237 min read

Thinking Long-Term Returns

It is fair to say we spend a good portion of our time researching, thinking and talking about what will happen this week, next week, next month, and next quarter. Will inflation come back down? Is there a recession coming, and if so, how will it look? How could capital markets react? ...

Craig Basinger

byCraig Basinger

Market Ethos
Mar 06 - 202315 min read

Worth a Read or Two

Markets and the economy never travel in a straight line, and the last few months have had more than their normal share of zigs and zags....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 27 - 20236 min read

Know Thyself

The S&P 500 is roughly where it was two years ago, around 4,000. But during this short time frame, it has visited 4,800 (+20%) and 3,600 (-10%) – clearly not a flat journey. The TSX has fared better, starting at 18,500, rising up to 22,000, back down to 18,500 and then up to 20,000....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 20 - 20236 min read

Tightrope

Sometimes good economic news is bad (when inflation is the most significant risk), and sometimes bad is bad (when a recession is the risk). Today, this market appears to be walking on a tightrope where either good or bad economic news could elicit a bad market reaction....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 13 - 20237 min read

Thematic ETFs Are Missing Something

Thematic ETFs have exploded in popularity as imaging future long-term secular trends is very exciting. But there appears to be a problem....

Craig Basinger

byCraig Basinger

Market Ethos
Feb 06 - 202316 min read

Rent This Rally, Don't Buy It

2023 has started off with a bang – a good bang, that is. After a tough 2022, which saw most asset classes, including stocks and bonds, moving lower, 2023 has started off on the right foot, with stocks jumping higher and bonds moving up too....

Craig Basinger

byCraig Basinger

Market Ethos
Jan 30 - 20237 min read

Risk – It Depends on You

Investing is all about balancing risk and return to achieve your long-term goals. I think everyone understands returns (especially when they're negative), but what about risk?...

Craig Basinger

byCraig Basinger

Market Ethos
Jan 23 - 20237 min read

Beep Beep

Markets, like Wile E., can be so singularly focused on one thing (inflation) that they can for better or worse be oblivious to approaching danger (recession)....

Derek Benedet

byDerek Benedet

Market Ethos
Jan 16 - 20236 min read

Hockey & Dividends

Another thing Canadians love is dividends or, more aptly, dividend-paying companies. So are we also really good at producing some of the greatest dividend-paying companies?...

Craig Basinger

byCraig Basinger

Market Ethos
Jan 09 - 20236 min read

A Job-Filled Recession?

Our team absorbs a lot of different economic/market views and opinions from a lot of different sources. We also do a ton of our own analysis. To put it bluntly, 2023 is lining up to be one confusing year....

Craig Basinger

byCraig Basinger

Market Ethos
Op-Ed
Jan 04 - 202319 min read

Purpose 2023 Outlook – Bear Market End Game

The current bear market began roughly the same time the ball in Time Square dropped to usher in 2022, which means with the more recent ball drop this bear celebrated its one-year anniversary. There is no blueprint for bear markets. Sometimes they are short (2020), sometimes long (2000-03)....

Craig Basinger

byCraig Basinger

Market Ethos
Dec 19 - 20226 min read

Our Top 10 Market Ethos of 2022

It's that time of year again when market activity subsides, and many investors enjoy their holidays. We have authored 39 Market Ethos publications this year, not including the Investor Strategy editions that come out at the start of every month....

Craig Basinger

byCraig Basinger