Investing Matters: 2020 Market Recap and the Impact of the US Election on Tax Rates


PODCAST January 28, 2021

Investing Matters is a segment of the Wealth Exchange podcast hosted by Ethan Astaneh. In this segment, Ethan discusses planning topics, market commentary, general investing, and education on Nicola Wealth’s unique pool of funds with an array of featured guests.



Show Summary:

In our new ‘Investing Matters’ segment with host Ethan Astaneh, he is joined by Nicola Wealth CIO Rob Edel, to discuss the markets in 2020 and what he expects to see in the coming year.

They discuss what the U.S. election means for tax rates and the markets, and why they are keeping an eye on interest rates and inflation. They also discuss Bitcoin, Tesla and other key current events affecting the markets.

With so much information available, it has become harder to determine what information to base decisions on vs. what to ignore, and Rob helps piece together and highlight what we should be staying focused on.

Key Takeaways:

[:16] About this edition of Investing Matters.
[1:07] Ethan welcomes Rob Edel back to the podcast.
[1:10] It appears that the Democrats will control the U.S. House and Senate. And the rhetoric until now is that the market, in general, will not like a blue sweep. However, the day after the Georgia runoff election, the markets were up. Why is this?
[3:04] Will many things from here on out rely on the Democratic agenda of policy? What do we know about their plan policies? How much time do they have to implement them? And what are some of the key advantages and obstacles?
[4:35] Rob gives an update on interest rates and inflation and shares why it is so important for us to keep an eye on.
[6:48] An article from The Global Mail shares that Canada stands to benefit as a result of the commodity cycle shift that’s expected to occur as the global economy recovers. Rob explains why and how this occurs.
[7:24] Cryptocurrency has been making headlines again — Bitcoin specifically. What’s fueling this and do we know who’s buying and moving the price up? And why are they buying it?
[9:39] Cryptocurrency gave rise to blockchain which can be a confusing concept. Rob breaks it down, shares examples of where blockchain is being put into use, and whether or not he’s been seeing countries and companies putting it to use.
[12:34] Thanking you for tuning into another episode of The Wealth Exchange!


Guest Bio

Rob Edel

Rob is the Chief Investment Officer at Nicola Wealth.

Before joining the team at Nicola, Rob spent nine years working for one of Canada’s largest money managers and — most recently — as a Portfolio Manager responsible for managing U.S. equities for the firm’s high net worth clients. Previous to that, he spent seven years working for the Treasury Department of a Major Canadian Chartered Bank, splitting his time between Vancouver and Toronto. Rob has completed his CFA and is a member of the Association for Investment Management and Research (AIMR).

For his full bio, visit: NicolaWealth.com/OurTeam/RobEdel


About Your Host — Ethan Astaneh

Ethan is a Financial Advisor in the firm’s Vancouver office. He provides strategic advice to high net worth business owners, professionals, and retirees, and offers his clients a wide range of financial services, including; retirement income planning, business succession, and continuation planning, investment management, tax and estate planning, charitable giving, and intergenerational wealth transfer. Ethan is also the host for the Lead Impact and Market Commentary segments of the Wealth Exchange podcast.

For his full bio, visit: NicolaWealth.com/OurTeam/EthanAstaneh


This presentation contains the current opinions of the presenter and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax or specific investment advice. Please speak to your NWM advisor regarding your unique situation. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. NWM Fund returns are quoted net of fund-level expenses. Past performance is not indicative of future results. All investments contain risk and may gain or lose value. Projected returns are estimates only. Returns are not guaranteed. NWM is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required provincial securities’ commissions in Canada.