Covid-19 Update

There’s no question that Covid-19 is having significant impact across the globe. 

Since January 2020, Hampton Securities has been taking steps to ensure the safety of our employees and continuity of our services to all clients and partners:  Private Wealth, Institutional and Capital Markets. 

Some of our implemented measures include: remote working capabilities for all employees; enforcing quarantine for any employees who have travelled outside country; ensuring a strict visitor policy; leveraging technology to handle all meetings remotely; skeletal staff at our head office with the recommended physical distancing.

We were ahead of the curve and will continue to do our part to “flatten the curve,” while ensuring we are able to service all clients.

On March 24th, the Government of Ontario deemed Financial Services an “essential service,” which includes independent investment dealers like Hampton. 

We encourage you to seek the guidance of your Hampton Investment Advisor who is expertly trained to support you. 

On behalf of the Hampton Team, our best wishes for your continued safety and well-being.

Peter Deeb, Chairman & CEO

Sharon Castelino, President & COO 

Patrick Michaud, CFO        

Mike Deeb Jr., Vice Chairman

             

Tariffs, Trade and Your Investment Portfolio

Canadians have an understandable bias towards building investment portfolios that own Canadian stocks and bonds. Our partners at National Bank Financial Economics suggest that the world of Trump tariffs and trade policies may require a new approach to how to analyze your investments.

In an article from Investment Executive Canada, National Bank Financial recommends, “In this new global environment, Canadian investors must do more than simply analyze a company’s fundamentals. They must focus on the country that the company considers its home base, and determine if that country’s relations with its main trading partners are strained in a way that might impact its bottom line. “

Technology, Tariffs and Trade are Linked

Angelo Katsoras from National Bank Financial warns that while “a trade deal between China and the United States would be good news for the markets in the short term, it would not change the long-term fundamentals fuelling tensions between the two countries. This includes the battle for geopolitical influence and dominance of tomorrow’s technologies.”

To enjoy Angelo’s in-depth analysis please review the report here. Make sure to contact your Hampton Securities Advisor to discuss your specific investment needs.

‘Tis the Season for November Jobs Report

Canada seems to be experiencing a “Santa Claus” rally in its most recent, very positive jobs report. Our partners at National Bank Financial offer a very merry review of the November jobs report. All expectations were meet or exceeded with job gains in the private sector (+79K), but also in government (+8K) and for self-employeds (+7K).

Does the solid November jobs report guarantee a January 2018 rate hike by the Bank of Canada?

Not necessarily. Our partners at NBF offer this outlook: “If recent history is any guide the oil price plunge will, with a lag, hit employment in Alberta, which so far this year has seen the fastest employment growth among large provinces (right chart). In other words, unless oil prices pick up significantly, one can expect a moderation in overall Canadian employment growth in 2019.”

Learn More: https://www.nbc.ca/content/dam/bnc/en/rates-and-analysis/economic-analysis/economic-news-jobs.pdf

 

A Pillar In The Community…Giving Back

The Partners and Associates of Hampton Securities believe strongly in supporting real needs in our community.  Organizations that shorten the distance between donations received and the problem to be solved are our focus.To that end we are very pleased to have had the privilege of contributing either as a firm or as individuals to the following wonderful causes:

Monday Monitor May 1st 2017: “After beating expectations the last 7 of the 8 prior months, the Canadian economy took a breather”

Monday Monitor for May 5, 2017

The Last month

In February 2017, Canada’s Gross Domestic Product (GDP) reported a flat 0.1% increase. There is no need for concern, according to our partners at National Bank Financial Economic and Strategy Group (NBF). Even with a modest February and March level of overall economic activity, Canada’s economy is on track to meet the 3.8% expected GDP rate from the Bank of Canada (BoC). The Canadian economy is forecasted to be the fastest growing economy of the G7since the second half of 2016. Canada’s growth compares to the more modest estimate of 2.6% GDP growth for the U.S. economy as consumer spending rates declined and savings rates increased.

The week ahead

The first week of May offers an announcement on the U.S. Federal interest rate. Our partners at National Bank Financial expect U.S. rates to remain flat in light of a stalled U.S. GDP but look for future rate hikes in 2017. In Canada, the Labour Market Survey  will be conducted. This key employment indicator factors in the total percentage of Canadian residents actively seeking work but currently unemployed is expected to have a modest decline. Finally, it is the time when public companies announce their first quarter earnings. Track your portfolio holdings results with the announcement calendar here.

For more economic details and a discussion on the global economic outlook click here.