What Federer Teaches Us about Stock Investing
Market Update - August 2024
In July, investors decided to switch from high-growth sectors to more defensive ones. That move was influenced by some strong consumer data and positive GDP figures in the US and Eurozone. The US and Canadian markets both saw great sales and earnings growth, with the S&P/TSX Index having its best month of the year. Even though there was some mixed performance with currencies and commodities, the overall outlook seems positive thanks to robust economic indicators and corporate earnings. However, people are still being cautious about potential interest rate changes and market volatility.
Starting in January 2024, attacks on ships by Houthis in Yemen have caused shipping routes between Asia and Europe to bypass the Red Sea/Suez Canal, increasing transit times and fuel costs by 40% and driving up shipping rates. As happened previously in 2021, a rise in shipping rates is expected to contribute to a bump in inflation data, although the impact may not be evident until after the November election. CLICK HERE
YORKVILLE HEALTH CARE FUND SPECIAL DISTRIBUTION ISSUANCE
Yorkville Asset Management Inc. is pleased to announce a special distribution of the Yorkville Health Care Fund issued on July 22, 2024.. CLICK HERE to read the full release.
President Biden announced he would not seek re-election, endorsing VP Kamala Harris as his successor, which had little impact on market sentiment as seen by the muted market reaction. Despite this announcement, betting markets show Trump's odds for winning the 2024 Presidential Election remain largely unchanged.
Yorkville Asset Management Inc. announced the successful financing and renewal of $476 million across multiple credit facilities to support its Long Term Care (LTC) portfolio.
Market Update - July 2024
Insights - The Bullish History of Bitcoin Halving
Clients are showing more interest in cryptocurrencies, partly due to recent price changes and easier access to investing. Yorkville started the Yorkville Crypto, Blockchain, and Fintech Class three years ago to help clients invest in this area.
This article explores the concept of Bitcoin halving and its effects on the coin's value. CLICK HERE
Yorkville Asset Management is Pleased to Announce the Opening of Back In Motion’s Newest Health Clinic, Bayshore Physical Therapy
May Market Update
Market update written by our Portfolio Manager, Derek Brenzil. CLICK HERE TO READ THE ARTICLE
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Quarterly Update - Yorkville Health Care Fund
The Yorkville Health Care Fund is in its accelerated growth phase, focusing on redeveloping Long-Term Care facilities, improving efficiencies in institutional pharmacy, and expanding multidisciplinary health services across Canada. CLICK HERE TO READ THE ARTICLE
Insights - Investing for Income: Dividend-Paying Stocks
Dividend investing involves buying stocks from companies that pay regular dividends, providing benefits such as compounding returns, a steady income stream, and reduced volatility. Over time, reinvested dividends can significantly increase investment value, and dividend-paying stocks often outperform non-dividend-paying stocks, offering both income and capital appreciation. Historically resilient, these stocks help protect against inflation and enhance portfolio diversification, making them an attractive option for long-term wealth building. CLICK HERE TO READ THE ARTICLE.
Uranium: Powering the Next Bull Market
The uranium market and uranium miners may be starting a multi-year uptrend. This is because the oversupply of uranium after the 2011 Fukushima Nuclear Accident and subsequent reactor shutdowns has finally been exhausted just as demand has begun to turn higher.
Markets Pause after Months-Long Rally
After a number of positive months in equity markets, we saw a slight pause in April as investors took a breath following a strong rally across major equity markets globally. These pullbacks are expected after strong rallies and our Investment Committee uses them as an opportunity to add to great companies at a more attractive valuation. That said, we continue to see strong corporate earnings, simmering inflation, healthy spending, and low unemployment providing a strong, albeit more moderated macroeconomic outlook.
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