The Smof Investment Blog

U.S. Fed, Bank of Canada Announce Matching 50 Basis-Point Rate Cuts

March 6, 2020
 Bank of Canada, Client services, Economy, Federal Reserve, Frank's Update, Interest Rates, Investments, The Markets, Weekly Update, Smof Investment Manager, LLC
 Frank Mueller

“Ultimately we know deeply that the other side of every fear is a freedom” – Marilyn Ferguson U.S. Fed, Bank of Canada Announce “Emergency” Rate Cuts of 50 Basis-Points It was an up-and-down, volatile week in North American markets on the heels of last week’s steep declines. Markets rallied on Monday on the prospect of… Read More

2020 BC Budget Announced

February 21, 2020
 BC Budget, Client services, Economy, Frank's Update, Investments, Tax, The Markets, Weekly Update, Smof Investment Manager, LLC
 Frank Mueller

“Voters want conflicting things. They want a lot of government spending, but they don’t want higher taxes” – Bruce Rauner   BC Provincial Budget Announced This week, the BC NDP government presented its 2020 Budget. Overall, the Budget calls for surpluses in 2019/20 ($203 Million), 2020/21 ($227 Million), 2021/22 ($179 Million) and 2022/23 ($374 Million)…. Read More

Weekly Update – January 17, 2020

January 17, 2020
 Client services, Economy, Frank's Update, Tariffs, The Markets, Weekly Update, Smof Investment Manager, LLC
 Frank Mueller

“The only thing certain about any negotiation is that it will lead to another negotiation” – Leigh Steinberg Markets Move Upward on “Phase One” Trade Deal Announcement This week, the United States and China came to an agreement on the first portion of a trade deal between the two nations. The so-called “Phase One” deal… Read More

Weekly Update – January 10, 2020

January 10, 2020
 Client services, Economy, Frank's Update, Investments, The Markets, Weekly Update, Smof Investment Manager, LLC
 Frank Mueller

“There never was a good war, or a bad peace” – Benjamin Franklin Correction Notice – 2019 Market Results In last week’s 2019 Market Results briefing, we made the following incorrect statement (which has since been corrected): “The S&P 500, one of the major U.S. indexes, led the way with a final return of 35.24%.”… Read More