It's been a cool, wet summer in the East, while the West is breaking new high temperature records:
Wildfires in BC and Portuguese Man O' War (jellyfish) floating up on Halifax beaches.
So what gives?
According to weather experts, it is the "result of bland Pacific Ocean temperatures": Unlike past years when an El Nino and then La Nina climate pattern dominated the ocean and influenced global weather, the basin is in its neutral phase.
But don't give up hope Eastern folks, Environment Canada thinks that temperatures for August and September are headed higher:
(except perhaps for the very north-east). So if you have been patiently storing vacation days for August, hopefully you have not done so in vain.
If you are waiting for August (and you have a few minutes of a rainy day to spare), perhaps have a peak at our latest High Rock client weekly webinar and let us know what you think of our new format. We thought that a more dialogue / conversation oriented approach might be more engaging.
If you want to send us some feedback, we will put your name in for a draw for our brand new High Rock sports cap:
It will keep you dry in wet weather and keep the sun away in the good weather and breathe to keep you cool. We have 10 to give away.
Just click on my email address: email@example.com and send me your thoughts.
Scott Tomenson,CIM Managing Partner, Chief Investment Strategist