Signature's Blogs

With the U.S. election less than a month away, we have truly entered the crazy season of U.S. politics. COVID-19 in the White House, the President on cocktails of experimental drugs, stimulus package on again, off again, no on again, all against a backdrop of growing second waves of the virus across much of the world. Millions of jobs lost, millions working from home, schools opening and closing, lineups for COVID-19 tests and markets flirting with all-time highs. Welcome to the crazy train.... read more

On July 15, 2020, Royal Bank of Canada (?Royal Bank?) held a roadshow to announce a new form of Additional Tier 1 (AT1) security that the Office of the Superintendent of Financials Institutions (OSFI) had approved. The structure had solved the conundrum facing Canadian banks since the old Innovative Tier 1 bonds had been deemed non-compliant following the Global Financial Crisis of 2008. ... read more

We are in the most uncertain of times. The global pandemic is still accelerating, and unprecedented policy stimulus, funded by unimaginable debt burdens, has been unleashed. Tens of millions have lost their jobs with many only just learning how permanent the losses will be as business shutdowns begin to ramp in coming quarters.... read more

In these still early and unprecedent days, forecasting the near-term social and economic impact of the pandemic feels like a tall order; attempting to look out one year or beyond feels like a Magic 8-Ball consultation: Will we have more answers than questions in 2021? ?Cannot predict now.? Will economic growth rebound in 2021? ?Ask again later.? Will the price of goods and services be higher or lower in 2021? ?Yes ? definitely.?... read more

Real estate is seemingly the easiest investment asset class in the world for investors to understand, as property may be the only asset class that every person on earth uses all the time. ... read more

In my previous blog, I outlined several of the key facts and unknowns related to the current global pandemic, including potential treatments and the results of possible health policies aimed at allowing a return to ?normal.? ... read more

These are unprecedented times, both from a human health and welfare perspective and a market perspective. Things are moving quickly and there is a lot of misinformation and partial information circulating. ... read more