DM Monthly Newsletter – April 2017
How Far Could Climbing Interest Rates Go? N. American interest rates have been on a steep ascent since last summer, with the yields on both US and Cdn 10yr govt. bonds having shot up by more than half over the period. This short term surge has been mostly driven by improving economic fundamentals, with the US continuing its growth leadership and Canada recently posting GDP gains well in excess of expectations.
Click here to read more: DM-Monthly-Report-Apr-17
DM – Q1 Portfolio Commentary
Gradual improvements don’t make great headlines – Geopolitically speaking, the year’s opening quarter brought more of the same: North Korea lobbed some missiles into the Sea of Japan, Russia continued to stir up trouble, and, back on our shores, one could be forgiven for mistaking actual White House press briefings for their subsequent Saturday Night Live parodies. Against this disconcerting backdrop, however, stocks behaved as if the outside world had somehow stumbled into a rare state of tranquility.
Click here to read more: DM-Portfolio-Commentary-Q1-17
Provisus Monthly Insight – April 2017
Stocks Decline All The Time; So What? – Stock markets have been getting a little choppy lately. Is it time to panic? Investors understand that market fluctuations are part of stock market investing but they are nevertheless scary. Investing in stocks is hard and to earn superior rewards you need to take risks. Unfortunately, returns never come smoothly, there are ups and downs. Thankfully the ups are much more prevalent.
Click here to read more: Monthly Insight – April 2017 – Stocks Decline All the Time; So What
DM Monthly Newsletter – March 2017
Parting with a Portfolio Favourite – Though we regularly rebalance equity mandates – trimming names that we feel have gotten ahead of themselves and adding capital to those whose price is temporarily under estimating fundamentals – we don’t frequently sell positions outright. After extensive research and time spent with management, our goal is always to let value compound over as long a period as possible.
Click here to read more: DM-Monthly-Report-March-17
