Dear Valued Client,
Equity markets were a mixed bag this month with speculative growth stocks continuing their bear trend while financials marched higher into record highs. There was an attempt at a correction in the overall market, but strong buying interest at lower levels put a halt to that. The crypto markets had no such support, however, and had losses up to 50% in a matter of days.
We expect more of the same in June with old economy large cap stocks grinding higher while all things speculative continue their purge.
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 604-658-3056 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.
