KJH Insights - Managing Risk & Returns

In this episode of KJH Insights, Joel Clark, CEO, and Sarah Bull, Managing Partner & Portfolio Manager, discuss the uncertain economic landscape, driven by U.S. policy changes, trade negotiations, and shifting bond yields. They also explore Canada's evolving role in the global economy, particularly in commodities, and the implications for investors. Join them as they cut through the noise to highlight the key issues impacting markets.

In this month's KJH Insights, Joel Clark, CEO, and Sarah Bull, Portfolio Manager, explore the ripple effects of “Demolition Day” — when sweeping U.S. tariffs shook global markets — and why they believe the real story is about debt, recession risk, and policy missteps. They unpack: Why gold is surging What yield reversals are telling us How we're positioning portfolios with more credit, less equity, and a focus on quality Tune in to hear how our investment team is navigating the noise with discipline and long-term clarity.

Sarah Bull is joined by Kate Pal, President and Estate Planning Advisor at Pal Insurance, and Ali Spinner, Partner of Tax and Estate Planning at Crowe Soberman LLP, to explore how women are earning, inheriting, and managing more wealth—and what that means for families. Together, they go beyond the numbers to discuss: • How family dynamics impact estate and wealth planning • How women are leading and guiding the next generation • How to take a more active role in your family's financial future Tune in for an inspiring conversation on leadership, legacy, and the evolving role of women in wealth.

Markets have stumbled as volatility unsettles investor confidence, driven by Trump's latest economic moves. In this episode of KJH Insights – Managing Risk & Returns, Sarah Bull, Partner & Portfolio Manager, and Joel Clark, CEO, analyze the potential motives behind Trump's strategy and his real endgame. They explore five key theories, the broader market impact, and why the volatility may create opportunities. Is this short-term turbulence or a sign of deeper shifts ahead?

Markets are hitting record highs, but questions remain about what's next. In this episode of KJH Insights, Sarah Bull, Partner & Portfolio Manager, and Joel Clark, CEO, cut through the noise. They discuss the resilience of corporate earnings, the implications of rising bond yields, and how shifting political and economic landscapes, including Trump's return and ongoing tariff discussions, are impacting markets.

In this episode, Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, break down the key forces shaping markets in 2025. From surging bond yields and renewed inflation to political shifts with Trump's return and Trudeau's resignation, they explore how these dynamics are driving market volatility. Amid record-high valuations and solid economic growth, they share how KJ Harrison's investment strategy—focused on resilient, best-in-class businesses and strategic credit exposure—helps them navigate uncertainty and capitalize on emerging opportunities.

In this episode of KJH Insights, Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, delve into the critical factors shaping equity, bond, and broader capital markets as we approach 2025. While the overall outlook for markets remains positive, they tackle pressing concerns such as the potential for the economy overheating, the resurgence of inflation, and the impact of Trump's tariffs. This discussion offers insights on how the KJH investment team is managing investment risk and optimizing returns as we close out the year.

The KJH Insights podcast explores managing investment risk and returns, examining the biggest market challenges and how to navigate them to build and protect wealth.   Join Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, as they delve into the post-U.S. election market rally, the resulting favourable economic conditions driving broader market opportunities, and what this means for diversified investors. Listen to insights on global growth, inflation risks, and narrow bond yields to better understand today's shifting market dynamics.

The KJH Insights podcast, on managing investment risk and returns, looks at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, as they explore the impact of slowing growth and inflation, the return of accommodative central banks, and the broader market opportunities emerging after the dominance of the Magnificent 7.

The KJH Insights podcast, on managing investment risk and returns, looks at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, as they delve into the recent market volatility and discuss slowing growth, easing inflation, and rising Fed rate cut expectations.

Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, as they delve into whether the market is truly as strong as it appears.  The KJH Insights podcast, on managing investment risk and returns, looks at the biggest issues affecting markets and how we navigate those issues to build and protect wealth.

The KJH Insights podcast, on managing investment risk and returns, looks at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, as they discuss Nvidia's market dominance, the cautious pace of rate cuts, and avoiding unnecessary risks in today's volatile economic landscape.

The KJH Insights podcast, on managing investment risk and returns, looks at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Gain insights from Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, as they discuss the risk of stagflation, the dynamics of the latest earnings season, and the impact of the US elections on markets and the broader economy. 

The KJH Insights podcast on managing investment risk and returns looks at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join us this month as Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the potential resurgence of inflation, the recent short-term correction in equity markets, and asset allocation during this period.

The KJH Insights podcast on managing investment risk and returns takes a look at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join us this month as the KJH team explores the latest market dynamics, including the prevailing market optimism and growth.

The KJH Insights podcast, on managing investment risk and returns, takes a look at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join the KJH team as we discuss our market outlook for 2024, including the AI digital revolution, continued geopolitical instability, and the resurgence of fixed income as a significant contributor to portfolio returns.

The latest KJH Insights podcast, on managing investment risk and returns, takes a look at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join the KJH team as we discuss geopolitical instability, changing credit conditions and the continued opportunities in the bond market.

The latest KJH Insights podcast, on managing investment risk and returns, takes a look at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Join the KJH team as they discuss the move in bond yields, its impact on the equity market, the question of a hard or soft landing, and the investment opportunities arising in the credit markets. 

The latest KJH Insights podcast, on managing investment risk and returns, is available with a look at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Tune in to hear the KJH team discuss resurging inflation, persistent rate hike forecasts, and historical levels of bifurcation in the equity markets.

The latest KJH Insights podcast, on managing investment risk and returns, is available with a look at the biggest issues affecting markets and how we navigate those issues to build and protect wealth. Tune in to hear Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the rebound of inflation, the breakout in bond yields, and the vulnerability of asset values following a strong run over the summer.

The KJH Insights podcast, on managing investment risk and returns, is back with a look at the biggest issues affecting markets and how we navigate those issues to build and protect our clients' wealth. Tune in to hear Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the ongoing resilience of the economy, central banks' determination to curb inflation, and the market bifurcation as mega-cap tech stocks rally.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting markets and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss a Fed pivot, the impending economic recession, and the impact of the sticky labour market on earnings.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the economic slowdown, declining corporate earnings, the impact of big tech job losses on Fed policy, and the long-term investment opportunities in Canada. 

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the signs of worldwide financial stress resulting in a slowing global economy, as well as the impact of what is expected to be a difficult Q3 earnings season.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the European energy crisis, the slowing global economy, and the short to medium-term opportunities in fixed income. 

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss the Fed's ongoing response to inflation, the recession risk, and the sweet spot in credit markets.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss central banks' response to rising inflation, the US dollar, and what a recession means for investors.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting recent volatile markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Partner & Portfolio Manager, discuss soaring inflation and the Fed's response, bear market volatility, and the risk of an earnings recession.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the Fed's plan for quantitative tightening, market volatility, and the risk of recession.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the ongoing factors contributing to rising inflation, "de-globalization," and impending interest rate hikes.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss Russia's invasion of Ukraine and its implications on inflation, economic growth and the Fed's next move.

Sarah Bull, Partner & Portfolio Manager, and Reza Samahin, Portfolio Manager of the KJH Technology & Growth Fund, discuss the opportunities for technology and growth stocks. They look back on how the market has viewed tech stocks since 2020, the heightened market volatility, the recent sell-off in tech stocks, and share their views on the sector for 2022. Sarah and Reza also discuss the role that tech stocks continue to play in your investment portfolios.

Sarah Bull, Partner & Portfolio Manager, and Andrew Csumrik, Co-Portfolio Manager of the KJH Income Opportunities Fund and the KJH Opportunities Fund, discuss the current equity markets, offering insights on the current macro environment as well as our KJH investment philosophy and risk management strategies. The discussion will touch on the current market volatility as well as the opportunities we are seeing in certain sectors and how we expect to deliver returns on our clients' portfolios in 2022.

Sarah Bull, Partner & Portfolio Manager, and Jeff Sujitno of Wellington Square Capital Partners and Portfolio Manager of the KJH Senior Loan Fund, delve into the current fixed income environment and why senior loans are an important part of our asset allocation decisions for clients. Sarah and Jeff present a primer on senior loans, why this asset class is attractive in a period of ascending rates and the factors they are considering for the portfolio in 2022.

Sarah Bull, Partner & Portfolio Manager, and Daniel Child, Founding Partner of YTM Capital & Portfolio Manager of the KJH Credit Fund, discuss how the fixed income market dynamics have evolved and their expectations going forward, including how Fed policy is affecting the credit market, and how they are navigating the rising interest rate environment. Sarah and Daniel also outline where we see opportunities for 2022, where we believe there are risks and how we are positioning the KJH Credit Fund as a result. 

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the current market, inflation risk and the Fed's anticipated response, as well as the investment opportunities in 2022.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the market volatility, the Fed's response to inflation and the effects of the Omicron variant.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the Fed's accommodative policy, what Q3 earnings are signalling and the continued concerns around inflation.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the recent volatility in markets, accelerating inflation and the global supply chain bottleneck.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the key themes influencing KJH's investment decisions including 'sticky' inflation, robust earnings growth and an accommodative Fed.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the key themes that influence KJH's investment decisions including our thoughts on the market's continued growth, the economic impact of the Delta variant and sticky inflation.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the key themes guiding KJH's investment decisions this month including the strength and longevity of the economic recovery and the true health of the market after many indices hit all-time highs.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Listen to Joel Clark, CEO, and Sarah Bull, Portfolio Manager, discuss the key themes guiding KJH's investment decisions this month including the reopening of the economy, reflation and the risk of rising rates.

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. This month, we look at the top themes guiding KJH's investment decisions: the economic recovery, inflation risk and stretched equity valuations. 

The KJH Insights monthly podcast, on managing investment risk and returns, identifies the biggest issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. This month, we have created a bonus episode on how to generate yield in an inflationary environment. Many investors rely on the traditional 60% equities / 40% bonds model for a balanced portfolio which, for decades, has been a recipe for success. But in today's low rate environment, the 40% is no longer generating a reliable income and investors are losing capital, leading many to move up the investment risk spectrum to meet their target returns.

The KJH Insights monthly podcast on managing investment risk and returns identifies the key issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. This month, we discuss the top themes informing KJH's investment decisions including the reopening of the economy, particularly in the US, and the impact of rising rates on managing portfolio risk.

The KJH Insights monthly podcast on managing risk and returns provides an overview of the issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. In this podcast, we talk about the top themes informing KJH's investment decisions including the progress of the vaccine and reopening of the economy, continued government stimulus and how higher yields affect investors.

The KJH Insights monthly podcast on managing risk and returns provides an overview of the issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Host Sarah Bull, Partner & Portfolio Manager at KJ Harrison Investors, talks with our CEO, Joel Clark, about the top themes informing KJH's investment decisions including the changing macro-economic backdrop, pent-up consumer demand and exciting growth opportunities in the US.

The KJH Insights monthly podcast on managing risk and returns provides an overview of the issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Our host Sarah Bull, Partner & Portfolio Manager at KJ Harrison Investors, talks with KJH's CEO, Joel Clark, about the top three themes informing our investment decisions in 2021: the blue wave, the vaccine and inflation. We also reflect on the many major events of 2020 and their impact on markets and investments. 

The KJH Insights monthly podcast on managing risk and returns provides an in-depth look at the issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Host Sarah Bull, Partner & Portfolio Manager at KJ Harrison Investors, discusses with this month's guest, KJH's CEO Joel Clark, the impact of the COVID-19 vaccine on markets, the effect of a lower US$, the strength of Canada's economy versus the US in 2021 and KJH's top investment themes in this reflationary environment. We'll be back in January.

The KJH Insights monthly podcast on managing risk and returns provides an in-depth look at the issues affecting the markets, and how we navigate those issues to build and protect our clients' wealth. Host Sarah Bull, Partner & Portfolio Manager at KJ Harrison Investors, discusses with this month's guest, KJH's CEO Joel Clark, the impact of the US election on the markets, the "big picture" and the tug-of-war between reflationary policies vs deflationary pressures, as well as how big companies are getting bigger and better. We look forward to bringing you the next KJH Insights episode in December.