Assante Team

Helping our clients
gain financial confidence

market commentary

All that glitters is not gold

All that Glitters is Not Gold

Markets | Aug 21, 2020

The price of gold has rallied this year from US$1,517 an ounce at the start of the year to US$1,975 as of July 31. What was the driver behind this recent surge? The COVID-19 pandemic and lockdowns have caused the steepest drop in gross domestic product (GDP) in modern history….

Unknowns – Known and Unknown

Markets | Jul 30, 2020

The world is full of surprises or unknowns, some of which we can anticipate, while others are harder to foresee. “Known unknowns” are uncertainties and issues of which we are aware, but do not know the outcome. An example is this year’s U.S. presidential election. “Unknown unknowns” are events that…

When Sickness Strikes

Markets | Feb 28, 2020

Markets started the year with a lift from the phase one trade agreement between the U.S. and China and firming economic signals. However, the backdrop abruptly shifted as the outbreak of the coronavirus dashed hopes for a strong turnaround in global trade and industrial activity. While the long-term impact of…

Fixed income - still a traditional hedge?

Answering Your Questions on Fixed Income

Markets | Dec 2, 2019

What are your thoughts on the fixed-income market today? The fixed-income market continues to present significant challenges for income-seeking investors. If held to maturity, negative-yielding bonds guarantee a negative return and low-yield bonds guarantee a low return. We believe a buy-and-hold strategy will not work in the current environment; investors…