In this episode of InFocus, TriCert CEO Mike Gassewitz and Chief Investment Officer Brian Durno, CFP®, CFA®, break down the key themes from the past quarter and what they mean for long-term investors.
They compare interest rate, inflation, and unemployment trends in Canada and the U.S., discuss the potential inflationary impact of new U.S. tariffs, and explore how earnings results are shaping market sentiment.
The conversation underscores TriCert’s QSect approach, highlighting sector and geographic valuation opportunities, the benefits of diversification, and the resilience of high-quality companies. From managing through volatility to identifying value in overlooked areas of the market, this quarter’s insights reaffirm why TriCert’s disciplined approach remains critical for building lasting wealth.
Chapters (forward to content)
- Opener (00:00)
- Investment Overview, Interest Rates, and Yield Curves (00:12)
- Spreads, Tariffs, and Profits (07:38)
- Equity Valuations and Sector Analysis (13:46)
- Investment Strategy (31:12)
Recorded on August 8, 2025
Brian Durno, CFP®, CFA®
As CIO, Brian leads the organization in following a quality sector-based investment approach for all client portfolios. He joined TriCert Investment Counsel in 2016 as a Portfolio Manager, responsible for building client portfolios with a disciplined, value-oriented investment approach. Brian earned a Bachelor of Commerce degree from Queen’s University in 1995. He is a member of the CFA Institute and the CFA Society of Ottawa, a Certified Financial Planner, and a Chartered Financial Analyst charterholder.
