Dear Valued Client,
Equity markets continued to rise in April as fears of a global recession waned and central banks continued to reassure they are not looking to raise interest rates anytime soon. Trade talks between China and the U.S. seem to be progressing nicely with hopes of a final resolution coming by the end of May as well.
We are right in the middle of earnings reporting season in the U.S. and wide swings in stock prices of reporting companies have been observed. As a result, while the indices are touching new highs, not all stocks are following this trend. We continue to be cautious for the short term and maintain our long-term view that equities are in a long-term bull phase.
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.
