Macro Environment Comments December 31, 2011
MACRO ENVIRONMENT Capital markets have a strong distaste for uncertainty and uncertainty was the order of the day in 2011, courtesy of the Euro zone sovereign debt crisis. As a… read more
The big picture: a macro view
“It seems like the unremitting barrage of bearish news, which assaults us daily, will not end until the last worker is unemployed, the last dollar of profits has evaporated, and… read more
Investment strategy: fixed income
Global central banks continue to pursue a policy of maintaining liquidity by keeping benchmark interest rates low. At under 2.0%, core inflation remains muted in Canada and accordingly, the Bank… read more
The Coleford model portfolio
Within the Colefold model equity portfolio, the shares of energy related companies, including Encana and Suncor, traded lower during the third quarter as anxiety about the economic recovery hurt energy… read more
Investment strategy: equities
As capital markets move through another period of volatility and uncertainty, it is increasingly important to remain focused on investment fundamentals. At Coleford, we consider a variety of quantitative and… read more