Braeheid Management

Dear Braeheid Management,

"Together, generous Salvation Army donors gave more than $500,000 to exceed the Weston Family Foundation's matching gift goal. Thank you!

You have doubled your impact. That means more people in need will gain access to nutritious meals and food at our food banks.

Your compassion and support brings hope to struggling neighbours...We could not have exceeded this goal without you. Together, we are making a difference.

Thank you for giving hope today.

Lt-Colonel John P. Murray, MA, APR, CFRE
Territorial Secretary for Communications
The Salvation Army"

Q: “What’s happening with rising bond yields, and should investors be worried?”

(March 5, 2021) BOND MARKETS: THERE WILL BE MORE BLOOD?

Answer from Tyler Mordy, Forstrong Global Asset Mgmt
Speed Read:
• For 40 years bonds provided positive returns when stock markets struggled.

• That relationship has changed recently: bonds are failing to deliver protection during stock market declines.

• Looking ahead, investors are witnessing the beginning of the end of the disinflationary era. Bonds will face chronic headwinds for years to come.

• Markets are nowhere close to pricing in this outlook. Investors need to look beyond bonds for income and safe haven assets.

For the full article, drop me an email with the subject line "Bond Markets".

Tyler Mordy is the CIO of our preferred investment management team and recently told Wealth Professional Canada Magazine the pandemic has ushered in the start of a monumental regime change and policy breakthrough:

"Tyler Mordy, CEO and CIO at Forstrong Global, believes the pandemic is not another 1999 or global financial crisis and that rather than heading into a downturn, we are instead barrelling into an era of higher growth. Regime change is here – and it is taking the form of a fiscal ... and policy breakthrough."

“The coronavirus has completely reset the economic cycle and provided policy breakthroughs all around the world. The period from 2008 to 2020 was defined by one word: ‘austerity’. Nobody is pursuing that now. It’s quite the opposite."

"“We will see a productivity boost and a growth boost, and the path of least resistance for most stocks will be up.

"Investments that excel in the new era will embrace steadily rising inflation and higher global economic growth."

To know if your portfolio is prepared for rising inflation and a global economy, contact David Stevenson of Braeheid Management for a confidential discussion.