Legacy Wealth Weekly - July 10, 2015 (REITs, China & Greece)

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Managing Director of Real Estate Research Mark Rothchild has reported that Canadian REITS have posted small but positive returns in the first half of 2015. Although the overall return of +2.6% was somewhat below his expectations, he notes it compares positively with the broader market (as measured by the S&P/TSX Composite Index), which returned +0.9% over the same time period.

 

North American Portfolio Strategist Martin Roberge notes that Chinese authorities imposed trading halts in about half of A-listed Chinese shares, curbed short-selling activities and banned stock sales by major shareholders for six months. 

The Greek Government is trying to kick the can once more by submitting a three-year bailout proposal to creditors. Martin believes this is Athens' last shot.

 

The Canaccord Genuity research included in the Legacy Wealth Weekly is solely for Canadian residents. To subscribe to our weekly newsletter,click here.

 

Sincerely,

Legacy Wealth Partners