Dear Valued Client,
As anticipated, equity markets started a corrective phase in September. While this phase may still have another month or so to go, there may not be much downside in October. The election is at the forefront of the markets’ concern at the moment and, until the outcome is known, the markets are unlikely to move significantly either way.
We continue to be cautiously bullish and we are still positioned for an eventual return to normalcy. The anticipation of the election and the result may lead to some volatility, but our view is that the markets will promptly resume the uptrend no matter who wins. In the meantime, the yields on our portfolios will continue to buffer volatility in asset prices.
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.
