With the Bank of Canada and the U.S. Federal Reserve well underway in their hiking cycles, we wonder how many days are left until the punch bowl is taken away.
With the Bank of Canada and the U.S. Federal Reserve well underway in their hiking cycles, we wonder how many days are left until the punch bowl is taken away.
Despite all the optimism about improving global economic conditions, we think we’re transitioning to more challenging times.
This is the first time since 2010 that we have seen synchronized expansion and it seems reasonable to expect it to continue.
It is no secret that the current bull market runs in stocks and bonds are long by historical standards. But bull markets do not die of old age.
With historically low interest rates, investors looking for anything more than low single digit returns are forced into equity markets.
As long-term investors, time is a tremendous asset. It can compound returns, smooth out market cycles, temper emotion and reward a disciplined approach.