Dear Valued Client,
Volatility returned to the equity markets with U.S.-China trade tensions coming back to the forefront. Recession worries amid plunging bond yields also caused equities to sell off during August. While the selling squalls were large and dramatic, the market showed signs of resiliency with its ability to rebound.
As we have already trimmed the risk profile of the equity portions of our portfolios, we are not unduly concerned about this month’s market movements. We expect this corrective phase to continue over the next few months with the possibility of the long-term bull trend resuming the moment a trade deal between the U.S. and China is announced.
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.
