Nash Family Wealth
History
Articles
-
Wed, 01/17/2018
Household debt in Canada is seen by some as unsustainably high and a source of vulnerability for the financial system. But the international evidence suggests that Canadian household leverage and home prices are not abnormal. Drawing on Statistics...
-
Wed, 01/03/2018
In the coming year, we believe risk assets should continue to outperform, as the economic and financial backdrop remains healthy. But, as we are getting closer to the latter stages of the business cycle amid high levels of bullishness within the...
-
Sat, 12/30/2017
“Most preferred shares should continue to provide an attractive mix of tax-efficient income and strong price returns in 2018,” according to Nicolas Normandeau, Vice-President and Portfolio Manager, Fixed Income with Fiera Capital Corporation (“Fiera...
-
Mon, 12/18/2017
“The S&P 500 reached a landmark last week: 372 days and counting without a correction of 5% or more. As the chart below shows, this is the longest sequence since 1960. Previous longer rallies were those beginning in November 1963 (369 days) and...
-
Sat, 12/02/2017
Despite new highs and expensive valuations in certain markets, the macroeconomic environment makes the case for an overweight in equities over their fixed-income counterparts. After U.S. activity exceeded expectations in Q3, GDPnow is forecasting a...
-
Tue, 11/14/2017
Stefane Marion, Chief Economist and Strategist Clients have asked us to comment on a front-page column in last week’s Globe and Mail. According to this piece, Canadians are financial illiterates who borrow money "despite weak economic growth that...
-
Thu, 11/02/2017
Stefane Marion, Chief Economist At this juncture, we take comfort from the fact that the yield curve remains steep despite a positive output gap. We are nowhere near inversion, a powerful signal of an incoming downturn. This bodes well for growth...
-
Thu, 11/02/2017
Our asset allocation has not changed for November, the global economic backdrop is still healthy and conducive to a risk-on mindset, which favors equities over fixed income. Full Report
-
Tue, 10/24/2017
Stéfane Marion, chief economist and strategist at National Bank of Canada, joins BNN's Catherine Murray for a look at the latest developments in Ottawa's tax plan changes and why any moves should consider what U.S. President Donald Trump proposes to...
-
Tue, 10/10/2017
Strong job creation in the large metropolitan areas and rising labour income should keep the Bank of Canada in tightening mode. At this juncture, the market puts the odds of a rate hike in October at 30% (up from 19% before the employment report) vs...