Podcasts
Episode 17: Valuations, Expectations & Elections
In this episode, Craig, Clark and Jay review the current state of equity markets after this fall’s surge. The trio does a deep dive into Alphabet’s recent earnings and compares the company’s current valuation and AI positioning. Recent reports from Goldman Sach’s and Vanguard calling for reduced expectations for US equity markets are also discussed. Lastly, a look at what the market may forecasting with respect to the U.S. election.
Episode 16: Trump vs Harris – A Deep Dive Into The Current Political Race Inside Washington
In this episode Craig and Jay are joined once again by Raymond James chief political analyst Ed Mills. Ed shares his views on the current state of the presidential race including what the polls are saying and what he is looking for that might determine who wins. Ed also details the Senate and House elections and how the results of these elections may affect markets. The impact on Canadian markets, geopolitics, and China & Mexico’s current influence are also discussed.
Episode 15: Volatility returns – a bump in the road or something more significant?
In this edition of Wealth Talk, Clark, Craig, and Jay discuss the recent market volatility. Reasons for the emergence of volatility are debated including the yen carry trade, weak unemployment numbers and other factors. They also outline how these dips in the market should be expected and what they believe long term investors should be doing.
Episode 14: Mid-year market update and Canada's productivity problem
In this episode Clark, Craig, and Jay discuss the markets so far in 2024. Canadian banks and their earnings are reviewed as well as what’s driving the markets year to date. They also discuss Canada's nagging productivity problem and the reasons behind it.
Episode 13: Building Canada
In this episode Clark, Craig and Jay review the recently released Canadian budget. They discuss the deficit and changes to capital gains taxes. They also welcome special guest Frederic Bastien, Raymond James analyst and managing director. Frederic is responsible for covering the infrastructure and construction sector. They discuss Canada’s infrastructure projects, the competitive landscape, and opportunities within the space.
Episode 12: Demographics and BC's Budget
In episode 12 of Wealth Talk, Clark, Craig, and Jay discuss the recent data on Canadian demographics. Baby boomers have been displaced by the millennial generation as the largest cohort of the population. We contemplate the impact this change may have on the economy and markets. Also discussed is the effect on tax receipts and the ability to pay for the ageing boomer population. The trio then reviews the recently announced BC budget and the potential trends and impacts that may have on the economy and markets in the years to come.
Episode 11: Reflections and Expectations
In this episode Clark, Craig, and Jay reflect on the markets and economy in 2023. They discuss what surprised and what disappointed in a year that proved to be much better than many investors expected. They also review and judge their predictions from early 2023 and make some new predictions for the year ahead. Inflation, Canadian immigration policy, housing markets and investor psychology are amongst the topics discussed.
Episode 10: Market surge!, WeWork bankruptcy, and Canada’s budget update
In this episode, Clark, Craig and Jay reflect on Charlie Munger’s life and impact on investing. They discuss the spectacular gains seen across markets in the month of November. They also touch on the rise and fall of Wework and the recent budget update by the liberal government.
Episode 9: Market correction
In this edition Clark, Craig, and Jay review the recent market correction, discuss what’s driving performance and put forward some ideas to help navigate the current market environment.
Episode 8: Sept volatility, Canadian economic performance, strikes and other impacts of higher inflation
In this edition we discuss the recent volatility in the markets and what is behind it. We also debate Canada’s economic performance over recent history, why its underperformed its potential and how it could improve. Lastly we review the recent labour strikes and how that may impact markets going forward.
Episode 7: US debt downgrade, Canadian mortgages, a closer look at Apple
In our latest podcast we review the recent downgrade of the US debt rating by Fitch, discuss the current status of Canadian household balance sheets and the risk to the mortgage market, and also look at Apple’s recent earnings and how we view the company as portfolio managers.
Episode 6: Mid-year update, GICs or Equites?, a Russian Coup
In our latest podcast we review market performance at the mid-point of 2023, discuss strategy behind GICs relative to equities and quickly touch on recent events in Russia.
Episode 5: Debt Ceiling, Geopolitics and 2024 U.S. Presidential Race - A Timely Conversation with Washington Policy Analyst Ed Mills
In our latest podcast we are joined by Raymond James' Washington Policy Analyst Ed Mills, a highly respected expert with a deep working knowledge of U.S. and global politics. During our conversation we discuss recent volatility around the U.S. debt ceiling negotiations, central bank interest rate policy, geopolitics surrounding current issues in Russia, Ukraine, China and Taiwan, and touch on the early stages of the 2024 U.S. Presidential Election.
Episode 4: Automation, Earnings and the Election Cycle
In our latest podcast we discuss the recent developments around Automation and the rise of Chat GPT. We discus the potential impact on the markets as well as employment. We also touch on first quarter earnings and the start of the next US election cycle.
Episode 3: Current banking issues and lessons from Warren Buffett
In our latest podcast we discuss the current issues facing the US banking system. We discuss the impact on the rest of the market and where we see this going for the rest of the year. We also reflect on some timely advice from Warren Buffett's recent shareholder letter.
Episode 2: Real Estate, Wealth Taxes and Inflation Update
In our latest podcast we discuss the recent bankruptcy of a large Vancouver based developer. We provide our thoughts on the real estate market in the face of higher interest rates and how a slowing economy may impact valuations. We also touch on proposed wealth taxes and the current state of inflation.
Episode 1: Year in Review
In our first podcast, Craig, Clark and Jay review the market performance of 2022. We discuss the unprecedented negative performance of the bond market, the fall of the technology sector and what investors can learn from a disappointing year. We also make some predictions about what to expect in the year ahead.