A Proven Track Record | |||||||||||||||||||||||||||||||||||||||||||||||||
Right on the Money | |||||||||||||||||||||||||||||||||||||||||||||||||
In Jan, 1995 Marketplace my headlines were ”Will 1995 be a year of repeat performance?“ Well here we are in November with two months to go and, yes indeed, 1995 has shaped up to be the same as 1985. If you look at the chart bellow you may recall that I said earnings, not interest rates will start to push markets back up and this will last roughly three years in which 25% to 30% rate of growth is not uncommon. Therefore, 1996 and 1997 look very good so far. As hopefully by this time Quebec has voted NO, interest rates are down and so is inflation. This means that now that we are not breaking up, foreign money will see Canadian stock and dollar as under valued and pour money into Canada. We could see a very strong rally if Quebec says NO, 25% in three or four months. I also said look at our two new funds, American and Global – because they are new – Prudential agents will sell a lot of them. This trend is continuing as both funds are over 35% so far. | |||||||||||||||||||||||||||||||||||||||||||||||||
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502 Queen St., Kincardine 396-8476 | Source: November 1995 |
