Click on the video below to view True North’s perspectives on key drivers pushing capital markets higher over the last 6-9 months, summarized and presented by Principal and Vice President of Investments, Matt Fitzsimmons:
Winter 2012-3 Investment Commentary
Investors kicked off the New Year the same way they ended 2012 – with gains in their portfolios. Equity investments have screamed higher since mid-November, capping off a terrific rise in 2012 and a solid start to 2013. However, the path traveled hasn’t been easy. Matt Fitzsimmons, True North’s Principal/VP of Investments, gives his perspectives on how 2012 ended and how 2013 is starting off in his most recent commentary…
Fall 2012 Investment Commentary
Investors might be surprised that in a year market with volatility, 2012 year to date results have actually been quite strong. Matt Fitzsimmons, True North’s Partner/Director of Research discusses the market environment post-election, the outlook for interest rates, and the “fiscal cliff” being hyped in the press. Click the link below to read Matt’s two-page commentary which highlights opportunities and how True North portfolios are positioned in this context.
Summer 2012 Investment Commentary
True North’s Director of Research, Matt Fitzsimmons, writes in the latest newsletter: Investors are making money this year and I suspect that may come as a surprise to some people. The sentiment from clients, managers and our collective network continues to be quite negative. Yet, as I write this, all of the major indices are positive for the year. Reflecting on the last eight months, markets exploded upward in the first quarter, pulled back in the second, and have been pushing higher so far in July and August…(click below to read the full newsletter)
Spring 2012 Market Commentary (Audio/Slides)
In this slide/audio presentation, Matt Fitzsimmons, True North’s Director of Research, provides perspective on the positive start for the equity markets in Q1 of 2012, especially compared to fixed income. He also shares insights into the impact of Fed intervention on returns in the market, fundamentals that potentially fuel market growth, and a long term view of equity returns. He shares some data on what is worrying investors the most in 2012, and then closes with a perspective on the one stock that True North has recommended for client portfolios.
Spring 2012 Investment Commentary
Stocks around the globe kicked off 2012 in rally mode continuing on gains from the end of 2011. Matt Fitzsimmons, True North Advisors’ Director of Research, discusses first quarter returns and the implications for client portfolios in our Spring Investment Commentary. Matt also provides perspective on the extreme optimism for all things related to Apple – including the price of Apple stock. He closes with a few catalysts for further gains in the market as well as perspective from one of True North’s largest investment managers.
Winter 2011 Investment Commentary
The year that was characterized by volatile markets, fiscal crises in Europe, and the first downgrade of the US credit rating is past. 2011 is history and we are full swing into 2012. Matt Fitzsimmons, True North’s Principal/Director of Research reviews some key events from 2011, how True North responded to the environment, and the firm’s outlook for 2012.
Summer 2011 Market Commentary (Audio/Slides)
In this slide/audio presentation, Matt Fitzsimmons, True North’s Director of Research, discusses the dramatically increased volatility in the markets, the economic situation in Europe, and the firm’s perspectives on the US Debt downgrade. Lastly, Matt provides an update on the moves the firm has made in client portfolios over the last six-nine months and how they’ve held up in the current market.
To view the presentation, please call 214-360-7300 and we will arrange access for you.
Summer 2011 Investment Commentary
Director of Research Matt Fitzsimmons shares True North’s views on market volatility in August, 2011. “The factors we see driving recent volatility include the U.S. credit downgrade, the European debt problems and an emotional response from an investment community with 2008-09 still fresh in their minds. Despite these concerns, we see strong fundamentals across large global companies where valuations are reasonable and where insiders have been purchasing stock recently.”
Spring 2011 Market Commentary (Audio/Slides)
In this 32 minute slide/audio presentation, Matt Fitzsimmons, True North’s Director of Research, provides a view of returns of various asset classes year-to-date in 2011, what we see happening with growth in the USA and globally, and changes we are making to our equity portfolio.
To view the presentation, please call 214-360-7300 and we will arrange access for you.
Spring 2011 Investment Commentary
In this Spring Commentary, Matt Fitzsimmons, True North’s Director of Research, discusses how we’ve witnessed the 8th straight quarter of gains in the S&P 500 and how what we’re seeing is causing our Investment Policy Committee to move client portfolios into a more conservative position, especially within our equity allocations. With the market nearly doubling in two years, we are concerned there hasn’t been a >10% pullback in that period.
Winter 2010 Investment Commentary
In this Winter 2010 newsletter, Matt Fitzsimmons, True North’s Director of Research, reviews the progress made in 2010 by the market and how that played out in True North’s equity, fixed income, and alternative asset class allocations. He also shares some the firm’s perspective on gold compared to investing in a broader basket of commodities. Matt finishes highlighting major asset allocation themes going forward.
Fall 2010 Investment Commentary
In this 4-page newsletter from December 17, Matt Fitzsimmons, True North’s Director of Research, provides insights into the market and economy (with discussion about the Fed’s “Quantitative Easing” efforts) and re-iterates the importance of patience and trusting a well-conceived asset allocation strategy.
Summer 2010 Investment Commentary
In this 3-page executive summary, Director of Research Matt Fitzsimmons shares True North’s view on the market and the economy as of September 1, 2010.
