Dear Valued Client,
Equity markets kept grinding higher in June, with yet another attempt at a mid-month correction stopped in its tracks by strong buying at the dip. The restless rotational activity continued with growth stocks in favor at the moment while value and cyclical stocks take a breather.
While we are expecting more of the same kind of market action for the rest of the summer, we are not complacent and still wary of a more meaningful correction than what we have seen over the past few months.
For our long-term investors, we feel that if a correction occurs, it will be healthy for the markets within the context of the long-term secular bull trend we find ourselves in.
As part of our continuing service to our clients, we have added Financial Calculators to our website courtesy of RazorPlan Logic Systems. Their top-notch fintech software has helped us create comprehensive financial plans for our clients and these Financial Calculators can help you plan your budget, registered account contributions and other financial needs.
The Financial Calculators can be found on our Resources page – please click here to visit.
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.
