Anthony Layton MBA, CIM

Chairman & CEO, Portfolio Manager

Peter Guay MBA, CFA

Portfolio Manager
  • T514.875.7566 x 224
  • 1.800.875.7566
  • F514.875.9611
  • Place Alexis Nihon
  • 3400 de Maisonneuve Ouest,
    Suite 1501
  • Montreal, Quebec H3Z 3B8

Markets and Politics

November 10, 2011 - 0 comments

Markets rebounded strongly in October, driven by improving news out of Europe. Concrete steps are being proposed and adopted to deal with the situation in Greece, and by corollary in Italy, Portugal and the rest. We know these solutions won’t be perfect, and we know they will take time (politicians are involved after all…), but the big issues are being addressed.

Perhaps more so than ever before, market pressures are bringing about political action. This is the new democracy. By the time the media see the problem as ‘solved’ the market will have long since recovered.

Please refer to PWL's October Market Statistics for more information.

Best regards,

Tony & Peter

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