In Episode 6, Bryden Teich and Bill Harris discuss the impact that COVID-19 has had on the markets and the global economy through the first quarter of 2020.
We have been getting lots of questions about how our investments are faring in the face of this historic market decline. We have attempted to lay out our comments in a question and answer format.
In Episode 5, Bill Harris and Matt Manara discuss the incredible events in the global stock markets for the second week of March 2020.
Preferred Shares, Buyers Beware The preferred share market is really a retail phenomenon. RBC, TD, or any of the bigger banks have issued billions of dollars in these preferred…
In Episode 4, Bryden Teich and Bill Harris discuss the events in the stock market for the last week of February 2020 and how Avenue has been positioned for this.
In Episode 3, Matt Manara and Bryden Teich discuss the U.S. Federal deficit and how it is impacting the direction of monetary policy. They also discuss the reach-for-yield going on in corporate and high yield bond markets and discuss other risks they are seeing in the market.
In Episode 2, Bill Harris and Bryden Teich discuss how global stock markets are currently being impacted by central bank liquidity and relate that to previous periods of market exuberance. They also discuss the signal that the underlying economy is sending at the outset of 2020, and they discuss the outlook for the Canadian energy sector.
Bryden Teich and Paul Gardner discuss Avenue’s outlook for interest rates and Federal Reserve policy as we enter 2020. The past year saw a significant change in policy from the U.S. Federal Reserve with three interest rate cuts and a significant re-expansion of their balance sheet starting in September. The conversation touches on the economic outlook for both the United States and Canada and the impact on interest rates and stock prices.
The case study is where we discuss specific details of our investment process. Today we will tackle stock market multiples and how it relates to risk. I wish I could say we can also make it entertaining, but the subject matter probably precludes this.
Getting there together™ Mitigate risk and steadily help your portfolio grow At Avenue Investment Management, we focus on growing your portfolio through an active management strategy. We understand that…
Getting there together™ A lifetime investment partner Preserve your long-term wealth through tailored financial asset management solutions with Avenue Investment Management. Our proven strategy of making ‘boring’ and ‘predictable’…
Getting there together™ We Fight For The Privilege of Managing Your Wealth Partner with Avenue Investment Management for tailored financial solutions. Our dedicated team of private wealth management experts…
Avenue’s stock market investment strategy is to find business that have consistent earnings and trade at a fair price. Technology is difficult to fit into these parameters because technology companies by nature have disruptive business models which don’t always result in consistent earnings. Our topic today is to show just how expensive and erratic many of these technology companies have become. We will examine the influence of Softbank’s Vision Fund and WeWork on tech venture investing.
Paul Gardner co-hosted The Street on BNN with Paul Bagnell.
Bill Harris co-hosted The Street on BNN with Paul Bagnell.
With Canadian bond yields dropping below 2%, these are dark days to be a bond investor. Gone are the days when one could hope for 5-7 % annual returns from the bond market. With global central bank policy using quantitative measures to lower interest rates close to zero, the global $40 trillion-dollar bond market is searching for a “normal” return.