Matthew Lekushoff | www.matthewlekushoff.ca

MARKET UPDATE

The markets continued their upward drift these past couple of weeks, with the TSX in particular enjoying a record close earlier this week, and the S&P 500 up as well during the same period.

Notably, oil prices have risen sharply, though this incline is due more to geopolitical factors than any significant changes in the supply and demand balance. 

As I mentioned last week, when markets are up, gold tends to be down-----  and these past few weeks were no exception.

FOOD FOR THOUGHT

"What is surprising is not the magnitude of our forecast errors, but our absence of awareness of it."

-----  Nassim Nicholas Taleb, The Black Swan

HONEYMOON TRACKER

Well, I know what's been on top of everybody's minds: Where the heck is Matt? 

Well, if you're reading this on Thursday, Tanya and I are visiting the Falkland Islands, having tea and making friends with some penguins. 

Tomorrow, we'll be sailing by Cape Horn, then cruising through Glacier Alley on Saturday. Hope you have all been keeping well!

IN THE REVIEW QUEUE

Siddhartha by Hermann Hesse:  A short book about one man's spiritual journey during the time of the Guatama Buddha. 

Why Jay Leno has never touched a dime of his 'Tonight Show' money by Kathleen Elkins:  Say what you will about Jay Leno, he has a very smart philosophy when it comes to his money.

Life Is Short by Paul Graham:  A great reminder of what is important-----  and not important-----  in life.

My Philosophy for a Happy Life by Sam Berns:  A wonderful video to remind us that a good attitude is sometimes the most important part of living a happy life!

These Five Cognitive Biases Hurt Investors the Most by Visual Capitalist: Most of the mistakes investors make are psychological----  this infographic illustrates the five that affect investors the most.

Econ Talk - Benedict Evans on the Future of Cars: An interesting conversation with Benedict Evans on the future of cars. A big part of the discussion covers the many possible (and probable) repercussions autonomous cars will have on the way we live our societies in general.

REMEMBERING ROY


 

Former Blue Jays ace pitcher Roy Halladay passed away in a plane crash Tuesday. He'll be remembered for his skill, generosity, and ability to make his teammates smile.


Matthew Lekushoff
416-777-6368
matthew.lekushoff@raymondjames.ca
www.matthewlekushoff.ca


This provides links to other Internet sites for the convenience of users. Raymond James Ltd. is not responsible for the availability or content of these external sites, nor does Raymond James Ltd endorse, warrant or guarantee the products, services or information described or offered at these other Internet sites. Users cannot assume that the external sites will abide by the same Privacy Policy which Raymond James Ltd adheres to.  The views of the author do not necessarily reflect those of Raymond James. This article is for information only. Raymond James Ltd. Member-Canadian Investor Protection Fund.

Copyright © 2017. All Rights Reserved.