|
Paul Danesi, CIM - Director, Portfolio Advisory Group
Geoff Ho, CFA - Director, Portfolio Advisory Group
Volatility and the ongoing European debt crisis have made 2011 a challenging year for investors. Every major equity benchmark on our screens is in red, although the losses vary from region to region. On a relative basis, the U.S. has been an outperformer. In fact, the DOW Jones Industrial Average has eked out a modest gain so far in Canadian dollar terms. We look to 2012 to provide investors with better returns. Recent data points from the U.S. show the world's largest economy is proving more resilient than thought. We are committed to the view that's European politicians and regulators will put forth a credible solution to deal with their debt crisis.
As the calendar year-end approaches, it is timely to review portfolios in an effort to identify positions currently trading at a loss that may be sold to take advantage of the tax benefits.
Friends continue reading here
Clients continue reading here
|
Cdn $
