Investment Q&A

Q: Good day, 5i Team,

As always, thank you for your support, especially during times like this.

Are you able to share your team`s general consensus on where we are heading and what would be the major factors to keep an eye on to gauge the depth of the pullback?

More specifically:
1. If we are heading for recession, what industries/companies would be best positioned to recover first and "benefit" from the current situation?
2. On the scale from Covid to Great Depression, where would you place us speculatively as the result of Trumpconomics?

Respectfully,

Nick

Q: With the tariff war and Trump creating so much uncertainty, how does an investor handle this? It seems the tough approach of Doug Ford will only anger Trump and create more problems for Canada. With new terrible headlines on a daily basis and market reacting with more selling, how does a long term investor, who needs income from investments rationalize staying in the market? What could turn this around and how deep of pullback do you think we could see and/or how long of a bear market? Thank you for your insight!

Q: Could I please get an update on the potential for Autodesk? I have held it for years as a cornerstone in my portfolio, but the stock price has essentially done nothing. The company has transitioned to a cloud-based subscription business and changed some billing practices. It is now changing its third-party transaction model and doing a restructuring. I think the SEC investigation is still ongoing (and a lawsuit) and am not sure how big this could be. It sounds like Trump has paused the big US infrastructure bill but still plans to spend lots on construction and infrastructure. Could this be the year Autodesk finally takes off?

Q: Hi Team,
These Tariff moves have gone from "not a big concern" to a major concern with anyone holding a growth portfolio. Currently I am down 23% from peak in short order since January, due to a higher concentration in Tech names and other growth names. An amazing fall considering I thought I was holding all solid names (such as NVDA. PRL, SHOP, TTD as examples) Do you view this as 2022 all over again? Or do you think the market will bottom sooner than it did in that year? Hard to say I know based on Trump saying that he no longer cares much about the market this go around. A much different tune that last term. However I suppose that could change overnight. I don't imagine Musk in enjoying Tsla's fall; perhaps that will end up in a clash with Trump on trade policies or hopefully talk some sense into him at the very least. Looking for your take on the current situation. Lastly, I assume that since major damage is already done would I be best to just hold the line at this point? Or sell out some growth names even at current levels? If buying new purchases what would be your top 3 names to add to at current levels?

Thanks,
Shane.

Q: Please provide your thoughts on this ETF. Seems to be firing on all cylinders, but wondering if this is a good long term investment.

Q: Hello, given the Trump-induced turmoil in the economy/markets south of the border, how do you see the IJR ETF perform in the next 12 months? How are small businesses impacted by what is going on? Are Trump tariffs positive for them? Thanks

Q: I'm trying to assess unit price movement of HYPYT under certain scenarios ..... I have HYPT not HYPT.U ......

1} The Bank of Canada reduces rates in response to Trump's tariffs. Tariff inflation cannot be battled with interest rate increases .....

2} The US Fed also reduces rates as raising them would have no affect on tariff inflation and a possible recession would be Powell's main concern ......

Please comment on my theory and what price action you would expect if I am correct ? Thanks for your terrific service ......

Q: Is this what he planned ? Town Halls across America are reacting negatively towards President Trump. Concern about Inflation and Jobs and lower value on their investments . Their net worth.
Elon taking a hit on Tesla Shares,
People will not buy a Tesla,
Premier Ford 25 % tariff on Electricity NY Michigan and Minnesota will hurt.

No American Booze for sale in Canada,

30,000,000 Canadian trips a year to USA

Vacations are being cancelled to USA,

Does not look good for American Economy. Will President Trump drop his Tariffs on Canada all together and admit he was wrong.

I don't think so. What do you all think he will do ?

RAK

Q: Good Morning Peter & Team,

Please advise best recommendation for holding cash during this Trump induced market turmoil.

Thanks for all you do

gm

Q: Why have the private equity stocks in US, been under pressure, for past 2 weeks ?

With a much higher intrinsic value, never thought that BN could trade as low as $74, after hitting a high of $90, not long ago.

Is there any reason, specific to Brookfield Corp, or it's just the market and sector decline ?

Thank You

Q: Hi All at 5i!
Every dark cloud has a silver lining. So, considering Trump‘s insane tariffs and their effects, there will be people making money. What investments, stocks or otherwise, might see a growth in business??
Cheers,
Tamara

Q: Every broker has issues, and Interactive Brokers has many. Given they also charge a commission and there are now multiple choices among Canadian Brokers for zero commission, including a bonus for transferring, I’ve finally moved my acct. Also the founder of Interactive Brokers is a very wealthy Trump supporter, so there's that as well.

Could I get your thoughts on DUOL’s earnings? As well as company potential? Is the current share price drop more market related?

Q: Now that tariffs are here, and Trump is playing hardball with Ukraine and the world, can you provide thoughts on what you think the markets, US and Canadian separately, will do? How far percentage wise might each drop? Looking for time horizons of up to 3 months, a year and then beyond. Realize this is new territory but 5i should have opinions.

Q: Hi team,
What could be the implications for this company with Trump's 10% tariffs on Canadian energy? TVE is very profitable with oil prices at these levels but it's stock price has taken a hair cut over the last two weeks.Would it be "wise" to dollar cost average now or wait for the dust to settle?
Many thanks from a "not so happy shareholder"
Jean

Q: Could you speak to the issue of how Canadian investors should respond to proposed tariffs by the Trump administration before March 4th and after March 4th, assuming tariffs are implemented. Please give an example of the type of companies you would sell and buy? Thanks

Q: Hi 5i,
I am usually not one to panic when it comes to investing but the steep and sharp decline of the stock market this morning (Thank you Trump) has me very concerned. Is this a time to sell stocks with any gains left or just sit tight and ride it out.

Q: Give me 5 stocks in Canada and 5 in the US that will not be affected that much even if Trump raises the tariffs 25% or more.
Thanks Again

Q: Could you please tell us what happened to Defi today (Monday) at the open?

Q: Hello 5i Team
Blackstone price has been weak lately, would you recommend buying at these prices or wait until after the tariff are in effect . Please provide your comment .
Thank you

Q: Hey 5i,
Has TFII found a bottom after their latest earnings report and subsequent reversal of their relocation of head office or will an announcement on tariffs cause a further drop? Are they still considered investable over the next 5 years? Would you buy this dip in share price?
Would you consider NBIS a buy at their current price? Where would you place them on the risk scale (10 being highest) over the next 5 years?
Always appreciate your advice.
Dan