Loading...

Blog

Summer Air Pocket

Wednesday, July 11, 2012
by Russ MacKay

We have entered earnings season with the most negative pre-announcements since 2001, coupled with low trading volumes and weaker import data out of China.  Investors must now await for potential news of fiscal stimulus out of China, further actions by the Fed to stimulate growth, and the next step of restructuring in Europe.  You might say we are in a summer air pocket.

Our view is to stay patient with our core holdings and collect the dividends they produce.  The low volume of trading may fuel higher levels of volatility, which may present opportunities in the summer months – keep some powder dry.

Russ MacKay


SUBSCRIBE TO STAY INFORMED

AT CWB MCLEAN & PARTNERS WEALTH MANAGEMENT LTD, WE'RE INVESTED IN YOUR FUTURE.

We're here to act as a sounding board for you on whatever you may need. Whatever your question is, we will ensure we find the right answer for you. Contact us to speak to one of our advisors, sign up to receive exclusive insights, or attend a future event. 


ASK A QUESTION