Different Makes a Difference

Last month, the Surface Transportation Board, which regulates transportation in the United States, approved the merger between CP Rail and Kansas City Southern. Join us for a conversation with Equity Analyst, Stephen Boland to learn about what this means for CP's clients, shareholders and the overall shipping industry.

We recently headed out on the road to attend an exclusive investor event hosted by General Motors outside of San Francisco. The event was an opportunity for us to experience the all-electric 2024 GMC Hummer EV SUV. While in San Francisco, we also had the opportunity to ride in a Cruise self-driving car.

After a few wild days, equity markets found a footing and have rallied decently.

Something big happened in the world of finance this week, yet many will not have noticed. U.K. defined benefit pension plans were on the brink of insolvency following a revolt in the market for U.K. bonds.

On June 13, 2022, the S&P 500 Index entered bear market territory, defined as a decline of at least 20%. As of today, the index is still down 20% from its peak on January 3. As with all bear markets, there are plenty of bleak headlines foretelling further doom and gloom. We don’t know when or at what level the S&P 500 will bottom. However, some recent research by Miller Value Partners is an encouraging reminder that patience is a virtue when it comes to owning stocks.