Rather than attempt to re-live, re-frame or re-litigate the last two years of our upside-down world at a granular level, I’ll be as succinct as I can muster; I’ll revert to being annoyingly practical and direct – for which I’m rather infamous. We recently attended the online version of Martin Armstrong’s World Economic Conference (WEC) – my 8th consecutive edition. Each successive WEC builds upon previous conferences and Marty’s ongoing blog posts, distills critical information between familiar anecdotes, and most importantly provides “over the horizon” insights into geopolitics and economics.
Welcome back to Views from the Crowsnest. Twenty-five months have passed since I last wrote in this format, and it feels like a lifetime ago. Life is what happens while we’re making plans, as they say.
Rather than attempt to re-live, re-frame or re-litigate the last two years of our upside-down world at a granular level, I’ll be as succinct as I can muster; I’ll revert to being annoyingly practical and direct – for which I’m rather infamous. Hopefully muscle memory will kick in without significant injury.
My intention is to make this newsletter the shortest ever. While 2020 will be remembered by most folks as the year of the Covid-19 pandemic, I believe that far more consequential things unfolded. The pandemic was the headline, but the real story was and continues to be 1) the accentuation of clear differences of worldview, […]
“History doesn’t repeat itself, but it sure does rhyme.”~ Mark Twain Eleven years ago today the most hated and under-invested Bull Market in history began. The low in 2009 came in the wake of what became known to this generation of investors simply as “The Financial Crisis.”
November 11th brings us back every year in Remembrance. It is consistently the most emotionally-challenging day of the year for me, perhaps the only time I’ve historically allowed myself to express my deepest gratitude for Canada and for the men and women of the Canadian Armed Forces. Honoring their sacrifice is a part of my […]
Wow, Calgary’s 9-day summer has just flown by. We’ve been very busy these last few months; not the usual holiday lull. IWM’s new advisor, Sandor Kiss and I have had many meetings with new Client Families who reached out to us to serve their wealth management needs. Our exceptionally competent new Business Manager Soraya Rahemtulla […]
Welcome to crazy times! From the feedback so far, it’s fair to say that our recent “Alberta Crossroads 2019” conference at MRU was a real success. Over 225 people listened carefully to Vivian Krause, Cody Battershill, Mark Milke, Franco Terrazzano, Josef Schachter and Michael Campbell. The intention behind the conference was to be part of the antidote […]
Long-term financial prosperity pre-supposes survival of short-term crises. Survivors are guided by brutally-honest practicality versus high-minded theories and prognostications. People who obsess over appearing impressive rarely are (e.g. cable news), whereas those who focus on being effective usually succeed. Therefore, I will concentrate on practical solutions to a couple key challenges that we see from […]
“If you can keep your head when all about youAre losing theirs and blaming it on you,” The quote above is the first two lines of Rudyard Kipling’s classic poem, “If.” It fits today, in ways both obvious and subtle. In these moments, our higher-order executive functions become more important than ever.
Despite less than six weeks elapsing since the last edition, a tremendous amount has happened. Markets, politics, and economics have dominated our various screens. The civility of public discourse has reached new lows, equity markets appear to have established some interim lows, and the noise from the US mid-term elections have reached 150% of tolerable […]