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A Phased Pandexit
June 22, 2021
Viewing the globe, we note a very unusual situation — most likely attributable to the post-Covid rebound. For the first time on record, developed nations have been growing faster than global GDP growth. And global growth is currently faster than that of emerging countries. This must resolve itself in one way or another. What will be the likely outcome? Rob Duncan speaks with Forstrong Portfolio Manager, David Kletz, to discuss their recent rebalance and whether or not the reflationary trade still has room to run.
Global Inflation: Has the Force Awakened?
June 2, 2021
As the world steps out into life after lockdown (gingerly for some and brazenly for others), it is also no surprise that inflation is now soaring all around the world.
The Bureau of Labor Statistics’ latest inflation report, normally an exceptionally boring affair, could not resist the superlatives: consumer prices rose 4.2% in April from a year earlier, the most since 2008; used vehicles soared the most on record, dating all the way back to 1953; and core inflation, which excludes food and fuel, jumped in April from a month earlier by the most since 1982.
Clearly, the inflationary environment has changed. But the burning question is the stickiness of all of this. Rob Duncan sits down with Forstrong’s CIO, Tyler Mordy, to discuss how the pandemic is creating an inflationary regime shift that will cast a long shadow and impact asset prices of all types.
Cryptocurrencies: Currency Replacement or Financial Utility?
May 18, 2021
Has crypto-mania gone too far? Naysayers have an almost unlimited arsenal of reasons why this bubble will pop and leave investors in a wake of devastation. Citing everything from security issues to regulation, environmental impact to the explosion of offerings, these things should come with a warning label.
In a recent Ask Forstrong, The Cryptocurrency Bug: Catch Me if You Can, our CIO, Tyler Mordy, hammers home these warnings with cold hard facts. Cryptocurrencies are highly volatile. Investors have lost billions in fraud and theft. There are now 4000 currency offerings claiming to be the future. And, last but not least, government regulation is cracking down to thwart tax-evaders and black market participants. Warning label firmly attached.
Yet many investors still have burning questions. Will cryptos impact my life and should I care about them? This is a much harder question to answer.
To tackle this question Rob Duncan sits down with Reza Samahin, Portfolio Manager and Professional Engineer, to provide insights into blockchain protocol, currency mining, differences between Bitcoin and Ethereum, smart contracts and decentralized finance.
We made the pivot from cryptocurrencies as the future of fiat to providing a future benefit and financial utility. It wasn’t easy and it took 40 minutes, but if you want to impress your friends on your next Zoom call then click the link.
Ask Forstrong: Reddit’s Rage
Feb 9, 2021
Social media platforms take center stage as r/WallStreetBets channels it’s Reddit commentary to prop up stocks impacted by the pandemic and targeted by hedge fund short-sellers. In this podcast Rob Duncan sits down with Forstrong’s CEO & CIO, Tyler Mordy, to discuss this incredible phenomenon and how situations like this have played out in the past. While it received incredible headlines, investors should focus on what is really driving portfolio returns.
Is it Time to Learn the Charleston?
Jan 19, 2021
Rob Duncan sits down with Forstrong’s CEO/CIO, Tyler Mordy, to talk about the year that was 2020, our outlook for 2021, and why we need to learn the Charleston in what could be seen as our generations roaring 20’s.
Ask Forstrong: You, Me and MMT (Modern Monetary Theory)
December 10, 2020
Is it possible to have unlimited money? If so, is that a good thing or a bad thing?
Rob Duncan sits down with Forstrong’s CEO/CIO, Tyler Mordy, to talk about Modern Monetary Theory and why this new way of thinking could create new economic realities to increase growth globally. We break this theory down into its basic building blocks and challenge traditional thinking to see opportunities where others do not.
Portfolio Update: Rock, Paper or Scissors
September 30, 2020
Your Global Thinking host, Rob Duncan, sits down with Forstrong’s CIO, Tyler Mordy, to discuss Covid’s impact on markets, policy and their investment outlook. While a second wave forms and concerns over another shutdown looms, Tyler explains why these outcomes would be less impactful and how a paradigm shift in policy will power growth going forward. If you would like to access the slides, please reach out to your Forstrong contact.
Forstrong Global Thinking – Q3 Portfolio Update
July 3, 2020
Here we are again, as if nothing much has changed since mid-February. Never mind that the very existence and survival of the entire human race had been threatened in the interim. Most global equity markets have recovered the vast majority of their year-to-date losses, and in fact, the risk-on rally now appears to be broadening into additional sectors and asset classes. In this update Rob sits down with Forstrong’s portfolio manager David Kletz to discuss the current state of financial markets and the corresponding changes recently implemented in client portfolios.
Forstrong Macro Update with Franklin Templeton
Jun 19, 2020
Rob Duncan sits down with Michael Greenberg, Vice President & Portfolio Manager for Franklin Templeton Multi-Asset Solutions. Over the course of 30 minutes they discuss their portfolio positioning throughout the pandemic, the shape of the recovery and whether investor FOMO has dislocated markets from reality. While market challenges remain, Michael highlights opportunities within global credit, European equities and how investors are eagerly awaiting a dip.
Ask Forstrong: Setting the Record Straight on Bond ETFs with Mark Noble and Horizons ETFs
Mar 31, 2020
Rob Duncan sits down with Horizons Executive Vice President of ETF Strategy, Mark Noble, to discuss why the recent spike in volatility has resurfaced old myths and misconceptions about fixed income ETFs. We get back to basics on their structure and mechanics to explain how they provide price discovery and liquidity, even in times of stress.
Ask Forstrong: Investing in the Time of Coronavirus
Mar 26, 2020
Coronavirus and all its catchphrases – flattening the curve, social distancing and so on – has taken a wrecking ball to daily routines. Working from home has brought new challenges. Calendars have been emptied and commute times cut. But occupational hazards have emerged: cabin fever, the close proximity of the cookie jar and, for some of us, new colleagues of the Crayola-wielding kind.
Rob Duncan sits down with Forstrong’s President and CIO, Tyler Mordy, to talk about their recent portfolio rebalance and how they are positioning in the face of an unprecedented and historical stimulus package.
Ask Forstrong: Misinformation Going Viral
Feb 27, 2020
Corona virus fears finally pierced investor consciousness and markets have sold off dramatically this week. Rob Duncan sits down with Forstrong’s President and CIO, Tyler Mordy, to discuss the market reaction and potential impact to growth going forward. How will this impact global GDP? Does this change our view?
2020 Outlook with Kevin McCreadie and AGF Management
Jan 6, 2020
Rob Duncan sits down with AGF’s CEO and Chief Investment Officer, Kevin McCreadie, to review their 2020 Outlook and why he thinks this investment cycle could go into extra innings. From investment prospects in Canada, US election outcomes, increasing EM exposure and even space travel. Over the course of 30 minutes, we cover everything you need to start the year off right.
Forstrong Monthly Dashboard: Are Stocks Earning Their Keep?
Dec 16, 2019
Rob Duncan sits down with Forstrong’s Vice President and Portfolio Manager, David Kletz, to review the recent market rally, phase 1 US/China trade deal and UK elections impact on Brexit. While we see markets getting ahead of themselves, most can be warranted with the removal of key risks heading into the new year. Still, several things to consider.
Ask Forstrong: Macro Update with Clement Gignac and Industrial Alliance
Nov 19, 2019
Rob Duncan speaks with Clement Gignac, Senior Vice President and Chief Economist at IA Financial Group, to discuss his outlook on global markets, recent events and where he is investing. In this action packed podcast you will hear opinions on Brexit, optimism around the US/China trade war, synchronized global rate cuts, the ECB transition and why a minority Canadian government will be good for markets.
Ask Forstrong: A Postcard from China
Oct 29, 2019
After arriving into Beijing’s bustling international airport, the point was again driven home. Evidence of progress and modernization is everywhere as China has been the worlds fastest growing economy for three decades. I sit down with our President and CIO, Tyler Mordy, to discuss his investor trip to China, key observations and answer questions from our investors.