World Economic Summary
Global economic data is mixed but with a gentle slowing of growth. It is a slower rate of growth, not the end of expansion. Inflation is tame throughout the developed world which frustrates central bankers with interest rates at historically low rates. Maybe we are establishing new “historical” rates. Sometimes history becomes the current environment.
Canada Fair Value Report – 2019 February
The Canadian Fair Value analysis includes 212 securities that cover the entire market (Large, Mid and SmallCap) and all 11 GIC sectors.
Currently, the Canadian market is at Fair Value (99,53% Fv). All 11 sectors are trading within the Fair Value range (80.0% Fv to 130.0% Fv).
World Markets – Stock Consideration Report – USA – 2019 Mid-February
There have been many changes in Consideration status as the market advanced this month. A revised Consideration Report has been published and is available on the site through the Client Services menu.
5G Model Portfolio Update – 2019 February 18
Four new companies have been added to the consideration list for the 5G model portfolio.
1. ADVA, 2. Cisco, 3. Western Digital, 4. Xilinx. As a result of the analysis no stocks were added to the model portfolio.
Asset Allocation – USA – Dynamic CMA
The Dynamic CMA USA Portfolio asset allocation is designed to use the information gained from relative valuations to adjust asset allocation within the portfolio. The alignment moves toward increasing conservativeness as market and sector valuations approach overvalued positions and moves toward higher aspirational positions when market valuations move toward undervalued positions.