Top 10 Weekly Insights of 2023

December 19, 2023

In keeping with our annual tradition, below are our favourite Weekly Insights publications of the past year. In chronological order: 

Hockey & Dividends (HERE) 16 Jan 2023 

While dividend strategies struggled in 2023 early in the year, this report highlighted a number of different factors, like debt composition, yield sensitivity, economic sensitivity, and pricing power, that would become more important in driving performance across the dividend space. 

Know thyself (HERE) 27 Feb 2023 

The path to becoming a better investor is experience and learning to make better decisions. This post highlighted the fact that the last few years have been one of the best periods in recent history to truly understand your own emotional tendencies. It has been a great time to reflect and better understand yourself. 

It is 2023, Not 2008 (HERE) 16 Mar 2023 

In the midst of the U.S. regional banking mini-crisis, we shared our thoughts. This was nothing like 2008, and we discussed why still cautious markets were likely overreacting. 

Is the Third Time a Charm? (HERE) 29 May 2023 

A look at gold, which was bumping up against the $2,000/oz level for the 3rd time. 

Does the Market Need to Drink to Have a Good Time? (HERE) 26 Jun 2023 

We cannot underestimate the impact of quantitative stimulus, and it isn’t just the overnight rate or what the central bankers are talking about. General account, Repo markets, open market buying/selling – these continue to have very large impacts on asset prices. 

Earnings: Economists vs Analysts (HERE) 8 Aug 2023 

This was a fun look at earnings estimates in conjunction with what economists said. We looked at how analysts saw growing earnings compared to how economists viewed the overall economy. 

Bulls, Bears, and Pumpkin Spice (HERE) 14 Aug 2023 

In the short term, watching sentiment has proven very useful. This look at sentiment painted a rather bearish picture, noting that markets went down in August, September, and October. 

Sometimes, Even a Free Lunch Can Taste Bad (HERE) 16 Oct 2023 

Diversification is said to be the only free lunch when investing… well, with correlations of late, that lunch has not tasted so good. This was a look at correlations between asset classes and thoughts on portfolio construction. 

The Thematic Riddle (HERE) 23 Oct 2023 

Investors often shoot themselves in the foot when using thematic ETFs by buying too late and holding on too long. This post looked at this exciting part of the market… if only there were a better way to invest in thematic ETFs (spoiler: there is). 

2024 Outlook – The Great Reset Final Act (HERE) 4 Dec 2023 

Of course, we have to include our outlook for 2024 because while looking back can be insightful, what happens next is much more important. 

Enjoy the holidays; the next edition will be the first week of January in the form of a year-in-review edition. 

— Craig Basinger is the Chief Market Strategist at Purpose Investments 

Source: Charts are sourced to Bloomberg L.P. and Purpose Investments Inc. 

The contents of this publication were researched, written and produced by Purpose Investments Inc. and are used by Echelon Wealth Partners Inc. for information purposes only. 

This report is authored by Craig Basinger, Chief Market Strategist, Purpose Investments Inc. 

Disclaimers 

Echelon Wealth Partners Inc. 

The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Echelon Wealth Partners Inc. or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. The comments contained herein are general in nature and are not intended to be, nor should be construed to be, legal or tax advice to any particular individual. Accordingly, individuals should consult their own legal or tax advisors for advice with respect to the tax consequences to them. 

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