Get informed After a calm summer, the markets seem to have hit some speed bumps. Market complacency has dissipated leading to increased volatility. Yet underneath the near term noise is a US economy gaining momentum as this bull market continues to mature. Entitled Falling off the Wall of Complacency, Richardson GMP’s Q4 Market Outlook Quarterly report outlines our in-house team of experts expectations for the remainder of 2014 to help keep you informed. Key themes De-synchronized growth. Europe and China are slowing, the UK and the U.S. are gaining momentum, and synchronized growth is gone. America! Valuations have come down, the Fed continues to reassure a very slow pace, and fundamentals are very strong. Mid-Bull Market. All signs point to this bull market having another phase before the end. How low can they go? Bond yields fell all quarter, but are now at levels that appear unjustified. They should move higher this quarter (for real this time). How does this affect your portfolio? We have a great plan in place to enhance and protect your wealth. That said, should you have any questions about this publication or if there have been developments in your life that should be reflected in your wealth plan, please don’t hesitate to contact us. Regards, Stephen Polonoski FCSI®, FMA, CIM®, DMS Vice President, Investment Advisor & Assistant Branch Manager Richardson GMP Ltd. Tel: (519) 772 7801 Fax: (519) 772 7810 Toll free: 1-800-461-4748 Steve.Polonoski@RichardsonGMP.com Visit our website Polonoski.ca
