At OUTLOOK 2023, one of our major trends for the year ahead was the reopening of the Chinese economy. The country’s zero-COVID policies have been easing over the last few months and the rapid reopening has meant that the world’s second-largest economy is finally back to business.
Over the last year and a half, we have experienced one of the fastest upward revisions of interest rates in a lifetime. Never has the Bank of Canada’s Policy Rate increased from effectively nothing to 4.5% in one year, the most aggressive economic tightening in decades.
When the market falls in love with a new narrative there are always significant winners and losers. The increase in prices of equities or markets at the center of the new narrative can be parabolic with investors concentrating on one area.
Learn more about what we took away from a variety of independent business, academic and political experts that were featured at this year's CLSA.
At Sandstone we have an 80/20 rule for equity investments. Equity exposure must be made up of a minimum of 80% dividend and dividend growth companies, and a maximum of 20% growth companies.
The Youth of Distinction Awards (YODA) recognize deserving youth, 12-18 years of age or still in high school, for the remarkable ways in which they have chosen to live.