Pablo Fuchs

@GlobeAdvisor Editor

[Pablo Fuchs @Pablo_Fuchs]

For any advisors in my network, you will want to check out this amazing new tool we created at The Globe and Mail (@globeandmail) to help you grow your business!

[Globe Advisor @GlobeAdvisor]

https://t.co/Ip803VDxLH

[Globe Advisor @GlobeAdvisor]

https://t.co/Ip803VDxLH

[Globe Advisor @GlobeAdvisor]

.@GlobeAdvisor is excited to welcome reporter Rudy Mezzetta (@rudymezzetta) to the team. Rudy needs no introduction to the investment industry. He has covered the Canadian wealth management industry since 2005, with a focus on tax issues and trusts and estates planning. Before joining Globe Advisor, he worked as a senior reporter with Investment Executive and https://t.co/qhVlMHZJqL. Please help us in welcoming Rudy aboard. We look forward to the many valuable contributions he will bring to @GlobeAdvisor.

[Globe Advisor @GlobeAdvisor]

It has been a stunning year for the so-called “magnificent seven” stocks that have powered the U.S. stock market. Shares of Alphabet Inc., https://t.co/EeyRhCiYhm Inc., @Apple Inc., @Meta Platforms Inc., @Microsoft Corp., @nvidia Corp. and @Tesla Inc. have gained 101% so far this year, according to the Bloomberg Magnificent 7 Total Return Index. In contrast, the S&P 500 Total Return Index is up 21%. Although some technology-focused fund managers don’t expect these mega caps to rack up the monster returns of 2023, they are still making bullish bets – albeit to varying degrees – on most names. “I think you will see some moderation [in gains] next year,” says Peter Hofstra, senior vice-president and co-head of equities at Toronto-based CI Global Asset Management. “We hold six of the seven names and believe they will be a source of positive returns next year.”
https://t.co/sAgLjI9LjG

[Globe Advisor @GlobeAdvisor]

Scott Terrio, manager of consumer insolvency at Hoyes, Michalos and Associates in Toronto, has seen car payments larger than a family’s monthly grocery bill.

“The average person is spending about a third of their income on cars by the time they add in insurance, maintenance and gas and that’s devastating for people’s finances,” he says.

Here are four crucial mistakes buyers may be making with their vehicle purchases.
https://t.co/SnGNp1vNXL

[Globe Advisor @GlobeAdvisor]

Kevin Burkett, partner at Burkett & Co. Chartered Professional Accountants in Victoria, says the bump up in the lifetime capital gains exemption for qualified small business corporations is something he’s discussing continually with business owners who are in the process of succession planning. “You have more people coming to a point now at which they’re looking to transition their business,” he says. “They’re selling to their employees or a competitor. This is the most common tool someone will use to make the business transition tax efficient.”
https://t.co/5SgvaQUGNc

[Globe Advisor @GlobeAdvisor]

.@JaninePurves, senior financial advisor with CI Assante Wealth Management (@BeWellAdvised) in Aurora, Ont., experienced the value of employer-sponsored health coverage first-hand when her mother broke her neck in a car accident decades ago. “The air ambulance was covered by [the provincial health plan], but the [land] ambulance wasn’t [and] we got a number of rehab bills that were not covered. The rental of the hospital bed [in her home] wasn’t covered,” she says. “All these things would have really added up if we didn’t have good insurance coverage.”
https://t.co/P8sseoevwb

[Globe Advisor @GlobeAdvisor]

.@BrookeThackray of @HorizonsETFs says in the period of two trading days before the end of June through five trading days after U.S. Independence Day, the S&P 500 has produced an annual average gain of 1% and has been positive 73% of the time since 1950.
https://t.co/BMB1hFTXkf

[Globe Advisor @GlobeAdvisor]

We’re closing June and first half of the year with key inflation data for May followed by real GDP figures for April and a preliminary reading for May. @GlobeAdvisor assistant editor @RajeshniNaidu outlines what to watch out for in Advisor Lookahead.
https://t.co/34ZHeKTuK1

[Globe Advisor @GlobeAdvisor]

HAPPENING NOW: Canada’s Top Women Wealth Advisors

OPENING REMARKS | @Pablo_Fuchs, Editor, @GlobeAdvisor, @globeandmail

#TWWA2023

[Globe Advisor @GlobeAdvisor]

Join @GlobeAdvisor reporter @deannegage and @RichThinkingB on March 22 for a LinkedIn Live event on how #woman are transitioning through death and divorce. They will discuss how to best address newly single women’s needs through major life events. https://t.co/7LFhAALrpb

[Globe Advisor @GlobeAdvisor]

Best long-haul RRSP investments “What COVID-19 has created is a situation in which [corporate] savings & balance sheets are pretty healthy unlike 2008 when they were levered & there was a crisis” says Diana Avigdor @BarometerCap https://t.co/1qY4UkZSDw @jzechner56 @AllanSmallGTA

[Globe Advisor @GlobeAdvisor]

Great chat with @FredericNeumann @HSBC last night about #Asia 's economic landscape, #China 's reopening, the #Fed 's path forward on #interestrates and all the opportunities and challenges in #emergingmarkets. Watch the entire interview here. https://t.co/JoclTvN6KZ

[Globe Advisor @GlobeAdvisor]

How #couples in conflict over #financial goals can find common ground. “Explore what & who is important, how clients feel & what those deep values are that's going to influence their decisions” says Tracey McLennan @EdwardJones https://t.co/gTI9vJYWms @_natashaknox_ @Leithwheeler

[Globe Advisor @GlobeAdvisor]

How advisor couples working together balance relationships. “Nobody knows you better than your spouse. It seems like a natural fit for spouses to work together in business�� says @WendyBrookhouse @blackstarwealth @deannegage reports https://t.co/WunvTdpnvG @MarkShimkovitz @CGWM_CA

[Globe Advisor @GlobeAdvisor]

Join @GlobeAdvisor assistant editor @RajeshniNaidu and @FredericNeumann, chief #Asia economist @HSBC as they discuss what Asia's economic outlook in 2023 means for #investors on Thurs. Feb. 16 at 7pm EST or Fri. Feb 17 at 8am HKT on LinkedIn Live: https://t.co/pvQWNVZcz9

[Rajeshni Naidu-Ghelani @RajeshniNaidu]

As I look forward to speaking with @FredericNeumann I want to know what you're interested in hearing about. US inflation data is out Tuesday & we'll discuss what it means for the Fed along with the fallout for Asia. Please email me your questions at [email protected]

[Globe Advisor @GlobeAdvisor]

Why #reversemortgage growth is surging despite interest rates “We’re about 150 basis points higher than conventional 5year #mortgage.. As we grow become more mainstream the spread going to tighten” says Jeff Thorsteinson @HomeEquityBank @brendabouw reports https://t.co/E9aGDp3xSR

[Globe Advisor @GlobeAdvisor]

Why this #money manager is betting on #Mexico, #energy & #bonds “It’s becoming less expensive than the Chinese market. Mexico’s demographics are strong with younger, relatively educated labour force,” says David MacNicol @MacNicol_Asset @brendabouw reports https://t.co/xNXilvkAOx

[Globe Advisor @GlobeAdvisor]

What to look out for when considering #layoff #compensation package. “People have life & disability insurance through #work, so when they lose your #job, they’re losing all of the compensation & protection that came with it” says @PetreraJulie @EdwardJones https://t.co/vI0GNfAn8f