The Archive
Three months ago markets were bracing for war and an oil shock. Q2 delivered a ceasefire, a full round trip in crude, and the best quarter for the S&P 500 since 2020 — our portfolio managers break down what it meant for each mandate.
ReadGoodreid's Q1 2026 commentary on the Iran conflict, oil prices, AI investment, and a noisy quarter for North American markets.
ReadA third straight year of strong equity returns closes with broadening market leadership, surging AI capex, and a turning page into 2026.
ReadA strong quarter for North American equities, with Canadian markets leading the way on the back of gold and the banks — and AI spending hitting record scale.
ReadTariff turmoil, an April correction, and a decisive rebound to new highs — a textbook quarter for the wall of worry.
ReadTariffs, volatility, and echoes of past market shocks — a quarter that rewarded preparation and a long-term lens.
ReadWelcome to 2025! It’s the time of New Year’s resolutions, which often fall flat, but their intent is admirable and constructive. It’s a time to reflect and plan. The past two years have been an investor’s dream, combining positive equity markets with low volatility. There has been an obvious skew towards tech-based growth stocks at the expense value issues, and Goodreid has had reasonable participation within the technology group.
ReadThe performance of financial markets in the second quarter of 2024 was tepid by virtually all measures, save the one many investors rely on to gauge their progress. The S&P 500 index, well known for being a capitalization weighted measure (that is, financially larger companies have greater influence on the calculation), rose 4.3% in the quarter on the back of a handful of mammoth technology companies. To create context the return of an equal-weighted S&P 500 Index in the quarter was a full 7% worse, coming in at a loss of 3.1%.
ReadMarket Commentary Portfolio Management
Read