Quality Amid Uncertainty: Staying the Course in a Volatile Market

Recorded on February 25th, 2025

In this episode of InFocus, TriCert Financial Group’s CEO Mike Gassewitz and TriCert Investment Counsel’s Chief Investment Strategist Joel Baker, CIM, MBA, dive into the evolving investment landscape as we transition from Q4 2024 into early 2025.

They explore the potential impact of recent U.S. tariff threats—markedly higher than historical norms—on key sectors such as energy and industrials, drawing parallels to economic conditions reminiscent of the Great Depression. The discussion highlights how these tariff threats are sparking volatility across Canada and the U.S., influencing consumer spending, trade dynamics, and market valuations.

Amid the uncertainty, they emphasize the importance of maintaining a disciplined, quality-focused investment approach. They underscore the resilience of financially robust companies with strong dividend histories and earnings growth while cautioning that even these quality names may face short-term volatility. With mixed economic signals—including fluctuating leading indicators, interest rate forecasts, and inflation concerns—Mike and Joel advise investors to stay diversified, remain defensive, and consult with their trusted portfolio manager to navigate these turbulent times.