MacNicol’s Monthly Commentary – May 2021

With this commentary, we plan to communicate with you every month about our thoughts on the markets, some snapshots of metrics, a section on behavioural investing and finally an update on MacNicol & Associates Asset Management (MAAM). We hope you enjoy this information, and it allows you to better understand what we see going on in the marketplace.


Fear incites human action far more urgently than does the impressive weight of historical evidence.”

– Charles MacKay, Author of Extraordinary Delusions, and the Madness of Crowds


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