Irwin A. Michael

April 2024 Pricing Commentary

After five consecutive months of upward momentum, equity markets declined in April. This result was influenced by several factors including interest rate uncertainty, sticky inflation, geopolitical tensions, and general investor angst. Despite these challenges, a number of positive elements reinforce our optimistic outlook. For instance, the economy remains strong, underlying market technicals are favourable, and current investor sentiment appears overly

March 2024 Pricing Commentary

Equity markets in March closed out the first quarter of 2024 on a strong note. This advance enabled the ABC Funds to rally to new all-time highs. The month was characterized by broad-based gains which encompassed a wide range of sectors and geographies, reflecting robust global economic momentum and stock market resilience. A notable investment decision taken early in the