July 2019

The Richardson GMP Vancouver office
is moving… new date!

We announced a couple of months ago that Richardson GMP Vancouver would be moving to a new office space, as the lease is up in our current building. The date had to be pushed back (due to permit issues), and the move is now scheduled for Friday, September 13th.

Our new location will be the 22nd and 23rd floors of the Guinness Tower, located at 1055 West Hastings Street. The cross streets are Burrard and Thurlow.

Please stay tuned for more details, including an open house planned for later in September.

QV Update — Q2 commentary

Global stock markets edged higher in the second quarter, following the strong rebound in Q1. While gains are welcome, markets seem to be struggling to advance meaningfully. Both Canadian and U.S. indices are roughly where they were 18 months ago, and a pick-up in volatility has made the ride bumpier for investors.

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Investor Strategy — Back half looks tricky

Despite continuous geopolitical noise reverberating through the markets, the first half of the year was exceptional. We’ve witnessed one of the strongest and broadest cross-asset rallies in a decade. The market’s collective consciousness took a slowing global economy in stride and instead adopted an optimistic, glass-half-full mindset rekindled by dovish central bank rhetoric.

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Richardson GMP
Charitable Giving Program

Whether you wish to support the arts, conserve natural resources, advance medical research or help the world’s underprivileged children, giving back speaks volumes about who you are and the values you hold dear.

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The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author's judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, and PEI. Additional administrative support and policy management are provided by PPI Partners. Richardson GMP Limited, Member Canadian Investor Protection Fund. Richardson is a trade-mark of James Richardson & Sons, Limited. GMP is a registered trade-mark of GMP Securities L.P. Both used under license by Richardson GMP Limited.