Dear Valued Client,
Equity markets were slightly higher this month but remain in a consolidative phase. The restless rotation among sectors continued as investors vacillated between optimism and pessimism over the pandemic situation and its impact on the global economy. U.S.-China political tensions, widespread civil unrest in America and the upcoming elections were also factors adding to the uncertainty in the financial markets.
We continue to advocate a longer term and patient approach to investing during this global health crisis. With each passing day, the medical community finds new solutions to mitigate the effects of the virus. With each passing day, we are one day closer to a vaccine. With each passing day, we are accruing interest and dividends as we wait for the day when the world returns to normalcy.
As always, if you have any questions or wish to discuss whether any of the mentioned investments are suitable for you, please do not hesitate to call us at 604-658-3043 or email.
Best Regards,
Ron Aloni / Alan Goh / Jason Chen
This commentary is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter and is provided for your information only. Every effort has been made to ensure the accuracy of its contents. The views contained herein do not necessarily constitute the views of Leede Jones Gable Inc. Leede Jones Gable Inc. is licensed as an investment dealer in every Canadian Province and Territory and is a member of the IIROC and the Canadian Investor Protection Fund.
