Strong Fundamentals Leave Bull Market Intact

Here’s What We’re Thinking

November 15, 2017

Global markets grinded higher over the past month notwithstanding a bout of profit-taking in recent days. Economic reports around the world continue to point to solid growth momentum with 2017 on pace to post among the best global GDP growth rates since 2011. Economic momentum has broadened out to the four corners of the world over the past year with every major economy posting positive growth, reflecting a sturdier global recovery phase. This has translated into solid double-digit corporate earnings growth in the third quarter once the insurance sector has been excluded following its large, hurricane-related losses…

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Investment News November 2017

The Kelland Bulletin

November 3, 2017

Dear Valued Clients & Friends,

We are pleased to attach our November issue of The Kelland Bulletin (CLICK HERE).

On October 30, the TSX closed above 16,000 for the first time ever.  For reference purposes it was at 15,000 in 2008.  So while this week we have certainly experienced an all-time high, there has been minimal absolute return over the past decade.  On page 1 of the newsletter, our current outlook on the TSX and other markets is explored in more detail.

We hope you find this month’s newsletter informative.  Please don’t hesitate to reach out to us with your questions and your comments.