The Straight Talk Blog

From time to time, we intend to make postings to our Straight Talk Blog when we have something important to say. All three partners will be contributing authors. We'll alert you by e-mail when we make a new posting.
We'd be delighted to hear back from you, so please feel free to send us your comments in the form provided.
Best regards,
Rob, Rupel and Richard

 

October 2014

The much feared market correction seems to be upon us
Oct 9, 2014 3:41 PM
Heathbridge Capital Management


Markets are collapsing around the world even as economic indicators in the US are getting stronger and stronger. Fears of softness in Europe and China are causing weakness in commodities and strength in the US dollar.

Your portfolios are declining in value but we don’t have the excessive concentration in the resource stocks that many Canadian portfolios have. Some of the weakness in our foreign stocks is being offset by declines in the Canadian dollar. Diversification is working.

In the meantime,  we are definitely not in a selling mode. We have cash to deploy and are looking at the recent trends as a potential opportunity.

If you are nervous. Please don’t hesitate to call.

The Team at  Heathbridge.