Portfolio Manager’s Journal

Portfolio Manager’s Journal – Brent Woyat

Posted by Brent Woyat, OceanForest Investment

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In the past few weeks the equity markets have been in a tailspin in response to a variety of factors. The U.S. market, as measured by the broad S&P500 Index has declined approximately -8.4% from its early October high into Fridays low. In Canada the decline didn’t start until the beginning of November after moving sideways for most of October but finally succumbed to the global sell off with the TSX Composite dropping by -6.1%, slightly less than the U.S.

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