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Here you will find our market updates, client news, and details on events or deadlines!

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We wanted to take a moment to update you on the current market. As you would have heard, inflation around the globe is at high levels, and the Bank of Canada and Federal Reserve (the American equivalent) are using interest rates as a means of trying to stop inflation from rising any further. A difficult job lies ahead for the Central Banks. They must increase interest rates enough to slow and eventually bring inflation back down while at the same time not raising the rates too quickly to push the economy into a recession. Though markets have been volatile the last few weeks, it provides us with some quality companies at a great price. The greatest gains usually follow recessions or down periods. We welcome opportunities, like what we have seen, to add some more market exposure and diversification to our portfolios during these times. The next few months will be telling, as the inflation reports continue to be released. If inflation continues to increase, the market will likely soften, and if inflation has peaked, the market will likely go up on the optimism that the banks have been able to get inflation under control. We will continue to update you as the situation unfolds.

 

We have also completed our office move and have settled into our new home. Our new address is 4827-216A Street in Langley. Renovations are still in the works but we look forward to showing you our new space.

 

As always, if  you have any questions or would like to book a review, please email or call.

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