Bloom Investment Counsel, Inc. Q2/23 Investment Market Commentary

The performance of the Canadian equity market last quarter was not nearly as robust as the performance of the first quarter.

As we progress through the year, we believe that inflation will remain sticky with the risk of higher interest rates. Furthermore, we believe the performance of the stock market in the second half of this year will remain lackluster.

We believe that Bloom’s long-term investment approach with its sole focus on investing in dividend-paying stocks will be beneficial for our clients during these uncertain times.

Watch M. Paul Bloom, CIO at Bloom Investment Counsel, Inc. review Q2/23 and share his thoughts on the investment markets for the remainder of the year.

If you are a high-net-worth individual, family office, foundation, corporation, institution, or trust and would like to receive a copy of our detailed Q2/23 review and outlook, please subscribe to our quarterly investment overviews here.

Some of the topics that are discussed in this video may contain forward-looking statements. This information, by its nature, is subject to risks and uncertainties that may cause actual events or results to differ materially from such forward-looking statements. Further, please note the date of the recording, as July 7, 2023, as some of the comments are time-sensitive.

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This video is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this video should consult with his or her financial partner or advisor.