Market Outlook He thinks the last 4 weeks have shown a shift towards opening and the market is responding. Volatility has backed down below 26, the lowest level since February. We are seeing broader gains in value and industrial and even banking stocks. He thinks there will be a shift in supply chains. There will be on-shoring and tightening up of supply chains. This quarter is expected to be weak and there will be still be a couple weaker quarters yet to come. But after that we should begin to see good organic growth.

Canadian Insurance and low interest rates? He thinks the valuations of these holdings, trading at 0.6 times book value, and 6 times earnings are good value. Premiums continue to come out of people's accounts, so he would not count them out. He likes the solid yields. You could buy and tuck it away, along with a good dividend.