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David Ricciardelli

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A picture of a dock in a lake.

Charts for the Lake

David Ricciardelli

August 22, 2022

Some thought provoking charts that examine markets, recessions, capital spending and summertime rallies.

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A picture of Italy.

Observations from the Old Country

David Ricciardelli

July 26, 2022

Some observations from my latest family vacation in Italy

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A picture of an angry bear.

Panic! It’s a Bear Market

David Ricciardelli

June 21, 2022

We're finally starting to see some of the panic that this market needs to bottom.

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Flirting with a Bear

David Ricciardelli

May 24, 2022

We are about to hear a lot about bear markets. Enjoy a quick look at the characteristics of historical bear markets, the bearish and bullish arguments for today’s market and the importance of focusin...

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The year 2022 imposed over a market price chart.

Charts to put 2022 in Context

David Ricciardelli

March 28, 2022

A collection of historical charts trying to add context to events we’ve experienced in 2022.

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A line graph with the work inflation written below the line.

Inflation: Cyclical or Secular?

David Ricciardelli

March 28, 2022

While human ingenuity and productivity improvements usually keep inflation in-check, when cyclical shocks get stacked it can take a long time for inflation to normalize.

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CIBC Private Wealth” consists of services provided by CIBC and certain of its subsidiaries through CIBC Private Banking; CIBC Private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC World Markets Inc. (“WMI”). CIBC Private Banking provides solutions from CIBC Investor Services Inc. (“ISI”), CAM and credit products. CIBC Private Wealth services are available to qualified individuals. Insurance services are only available through CIBC Wood Gundy Financial Services Inc. In Quebec, insurance services are only available through CIBC Wood Gundy Financial Services (Quebec) Inc.


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