Dear Valued Client,
Equity markets continued to be volatile in November as attempts at a rally continue to get challenged by pressure from heavy selling. However, the bears were unable to force another leg to the downside since the markets are oversold. We expect uncertainty and volatility in the markets to continue, but we are also cautiously optimistic December will see more upside than downside.
Our portfolios are positioned for a corrective phase within a secular bull market until we see a change in the current trend. We have been through phases like this before, most recently in 2015, and now, as it was then, income from dividends, interest and distributions will mitigate losses in stock prices while we wait for the secular bull trend to resume.
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.
