September Update

How soon we forget what Normal is..   Finally! Back to normal. We sure have been spoiled by the equity markets of the last few years. We are now seeing markets the way they really are. There is a down, as well as an up.

Click here to read more:  Cardinal Update September 2015

DM Monthly Report

Attack of the Clones – It’s been said that stocks take the stairs up and the elevator down, but in the last week of August, they rode the express lift in both directions.

Click here to read more:  DM-Monthly-Report-Sep-15

August Update

Looking for Silver Linings in the Loonie – In recent months every conversation includes a comment or question about the value of the Canadian dollar. Questions like…  How low will be go?    How will it impact my investments?

A client who has been with Cardinal for any length of time knows that we can’t (and don’t) predict exchange rates. We estimate fair value to some extend, but with political, social, financial and economic factors all at play, it is a useless exercise to guess a market rate.

Click here to read more:  Cardinal Update August 2015

DM Monthly Report

A Market of One – Throughout our 15 year history, it has been surprisingly common for the S&P/TSX Index to become heavily influenced by a single stock.

Click here to read more:  DM-Monthly-Report-Jul-Aug-15.pd