MLD Wealth – Money Matters with Chad Larson: Recent Episodes
MLD Wealth Management
Top-Ranked portfolio manager in Canada, Chad Larson of MLD Wealth gives insight into the market place and economy. Follow him on this podcast to learn more about MLD’s current views of the market and economy in a format that is concise, clear and authentic. New episodes monthly. For more information visit: https://mywealthmanagement.ca
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Welcome to the Allocator Series on MLD Money Matters, where host Chad Larson brings listeners behind the curtain of how top allocators think, build portfolios, and manage risk. In this kickoff episode, Chad reconnects with long-time partner and industry leader Ryan Dunfield, CEO of SAF Group, to break down the real story behind private credit—why it’s grown so quickly, where the opportunities are, and what separates disciplined lenders from the rest of the market. Whether you're an advisor, investor, or simply curious how institutional allocators are navigating today's environment, this episode is the perfect entry point.
Disclaimer: This investment opportunity is only intended for those who qualify and meet the criteria of “accredited investors” as defined under National Instrument 45-106 Prospectus and Registration Exemptions (“NI 45-106”). CG does not endorse any investment opportunity, nor does it make any recommendation regarding the appropriateness of particular opportunities for any specific investor. Some private investment opportunities are speculative in nature and investors should be able and willing to withstand the loss of their entire investment. There may not be currently secondary market through which these units may be sold and there can be no assurance that any such market will develop. Investors are encouraged to complete their own due diligence before investing.
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In this episode of MLD Money Matters, Chad Larson breaks down the third quarter’s market rebound and what it means for investors as the global economy transitions from fragmentation to coordinated fiscal growth.
Chad explains why we’re mid-cycle, not at peak with inflation cooling, policy turning supportive, and productivity gains accelerating and how investors can position for the next phase of expansion.
Then, Chad unveils the AI 2030 Portfolio, MLD Wealth’s new strategic allocation built to capture the real-world enablers of the AI revolution; from semiconductors and power infrastructure to copper, lithium, and rare earths.
Now available to MLD Private Clients (and soon to others through a performance-based model), this portfolio is designed for durable value creation in the decade ahead.
Stay invested. Stay selective. Stay disciplined.
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Key points from this month’s update:
- The U.S. government shutdown is noise, but it reinforces our neutral stance on U.S. equities.
- International equities are compelling — cheaper, more diversified, and potentially boosted by currency.
- Alternatives like our Alterna Private Income Portfolio continue to deliver exceptional, world-class risk-adjusted returns.
- Beta still matters. Lazy portfolios are costly over time. Active management and diligence make all the difference.
- Gold and copper remain central — one as a safe haven, the other as a growth-linked asset.
- Tariffs, technology, and transition will drive volatility and opportunity in the years ahead.
- And finally, at MLD, our edge isn’t just access to exclusive opportunities — it’s the discipline, the problem-solving, and the stewardship that underpins every client relationship.
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September has always felt like a reset with new beginnings, new challenges, and new opportunities. In this month’s episode of MLD Wealth Money Matters, Chad Larson reflects on the season of change, both personally and in the markets.
Topics include:
- Why defense & aerospace equities serve as a geopolitical hedge.
- How healthcare innovation especially GLP-1 therapies is reshaping the investment landscape.
- Why gold remains one of our strongest convictions, and what recent price moves mean for portfolios.
- The importance of resilience: having a plan, a path, and insight to navigate tailwinds and headwinds alike.
Listen now to explore how to position portfolios for stability, growth, and longevity in today’s evolving markets.
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In this special Allocator’s Perspective edition of Money Matters, Chad Larson, Senior Portfolio Manager and Founder of MLD Wealth, sits down with Dan Cohen of Coller Capital to unpack the fast-growing world of private equity and credit secondaries.
They explore why secondaries are becoming a core tool for liquidity and diversification, how LP- and GP-led deals work, and where these strategies fit in a modern private wealth portfolio.
Tune in to learn:
- Why secondaries offer compelling return potential with low historical loss rates
- How institutions unlock liquidity without giving up their best assets
- Why this market is entering its most attractive phase yet
A must-listen for any investor looking to access institutional-quality opportunities in private markets.
*The investment opportunity discussed in this podcast is only intended for those who qualify and meet the criteria of “accredited investors” as defined under National Instrument 45-106 Prospectus and Registration Exemptions (“NI 45-106”). CG does not endorse any investment opportunity, nor does it make any recommendation regarding the appropriateness of particular opportunities for any specific investor. Investors are encouraged to complete their own due diligence before investing.
Send us a Text with any questions or comments
In this special Allocator’s Perspective edition of Money Matters, Chad Larson, Senior Portfolio Manager and Founder of MLD Wealth, sits down with Andrew Cox, Senior Portfolio Manager at Guardian Capital LP. Together, they explore why international equities are finally having a moment—and why ignoring them may be a costly mistake.
From Japan’s corporate reform and Europe’s industrial resurgence to sector-level tailwinds in defense, infrastructure, and energy, this conversation delivers deep insights into global opportunities. Chad also breaks down MLD Wealth’s rigorous manager selection process, while Andrew explains Guardian’s “Quadrant System” and conviction-driven investment philosophy.
Tune in to hear:
- Why international stocks are trading at compelling valuations
- Where the real growth stories are outside the U.S.
- How Guardian is navigating macro risks, FX moves, and geopolitics
- And why now may be the most important time in a decade to diversify globally
This episode is a must-listen for any allocator or investor seeking perspective beyond the U.S. border.
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Welcome to Money Matters. It’s June, and the markets are moving with purpose — but not always with clarity. We’ve seen shifting economic data, ongoing rate speculation, and a few surprises that caught investors off guard. In today’s episode, we’re breaking down the key developments, what they signal, and how we’re navigating the path forward.
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Welcome to Money Matters. If April felt like a market reality check, you’re not alone. After a red-hot start to the year, April brought volatility, mixed signals from the Fed, and a stock market that took a bit of a breather. Today, we’re breaking it all down — what happened, why it matters, and what we are doing right now.
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Markets don’t like surprises, and last week’s “Liberation Day” tariff announcement was no exception. The reaction across global equity markets was swift and negative as investors recalibrated their expectations in real-time. With key global markets down over 20% from their highs — including the Nasdaq (US), DAX (Germany), and Nikkei (Japan) — a significant amount of bad news has already been priced in. While markets could decline further in the event of a recession, it’s important to recognize that changes in policy could quickly halt or even reverse some of the recent pullback.
While uncertainty is running high, we believe there is a reasonable chance that policymakers could soften their stance in the months ahead. However, rather than making assumptions, we remain firmly committed to a disciplined, risk-managed approach that prioritizes capital preservation while positioning our portfolios to capitalize on the market dislocations that volatility tends to create.
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Welcome to this month's episode of MLD Wealth Money Matters, hosted by Chad Larson. Today, we're diving into the dynamic world of financial markets with a special focus on the recent turbulence caused by Donald Trump's announcement of global tariffs. We'll explore how these changes are shaping investment strategies and what it means for your portfolio. Stay tuned as we break down the complexities of the market's reaction and help you navigate these uncertain financial waters. Let's get started!
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The podcast discussion covers a wide range of geopolitical and economic topics. It highlights the uncertainty and potential for increased trade tensions due to new tariffs under President Trump's administration, with a specific focus on the implications for global trade wars starting April 2025. The situation between the U.S. and Ukraine is also addressed, noting a complex and evolving level of U.S. support amid broader European security concerns. Discussions on OPEC+ reveal changes in oil production that may influence global oil prices. The segment on currency touches on the unpredictability of the CAD vs. USD exchange rate, emphasizing ongoing market volatility. The closing message advises a cautious yet proactive investment strategy, suggesting that despite global uncertainties, maintaining a diversified and strategic portfolio can help navigate potential economic disruptions.
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Welcome to another episode of MLD Money Matters, where Chad Larson, Senior Portfolio Manager and founder of MLD Wealth dives into some of the most pivotal events shaking the financial landscape. We’ll start off with an in-depth look at Deep Seek, He’ll navigate through the recent turbulence of a near tariff war with the US, discussing its implications and outcomes.
We're also tackling the pressing currency issues in Canada, analyzing the shifts and strategies at play. And of course, we can't overlook the tech titan, Elon Musk, and his profound influence on government efficiency. Join us as we explore these critical topics, providing you with insightful analysis and expert perspectives. Stay tuned, because this episode is packed with information you won't want to miss.
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"Navigating the Future: Unpacking the 2025 Market Outlook with Chad Larson"
Join Chad Larson in a new, insightful episode of MLD Money Matters as we dive deep into the economic currents shaping 2025. This year brings a mix of optimism and significant uncertainty. From the echoes of past economic cycles to emerging challenges and opportunities in global markets, we explore what investors can expect as we navigate through potential policy shifts and market volatilities. Discover how sectors might perform, where the investment opportunities lie, and strategies to safeguard and grow your portfolio in a year of unpredictability. Tune in as we dissect the complexities of the financial world, helping you make informed decisions for a prosperous future.
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In this episode of MLD Money Matters, host Chad Larson, Senior Portfolio Manager at MLD Wealth, provides a comprehensive update on the latest market trends and key events from the past month. Chad discusses the first quarter of the Alterna Private Income Portfolio.
Looking ahead, Chad offers future market predictions and explores strategic investment approaches, such as diversifying with alternative investments and focusing on risk management. He also delves into the influence of global events on market dynamics, the recent weakness of the Canadian dollar, and the emerging use of peptide therapies in healthcare. With the potential to revolutionize health outcomes and challenge big pharma, peptide therapies represent a significant investment opportunity.
Tune in to stay informed about the market, gain valuable investment insights, and learn about the latest trends shaping the financial landscape. Don't miss this episode of MLD Money Matters!
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In this month’s episode of Money Matters, we're diving into the potential impacts of the Trump presidency in 2025 with a Republican-controlled Congress. We'll explore what this could mean for environmental rollbacks, regulatory changes in major industries, the latest on trade and tariffs, and key legislative priorities. Join us as we break down how these shifts could affect markets, inflation, and investment strategies – and what investors need to know about navigating a potentially transformed economic landscape.
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Welcome back to MLD Money Matters with your host, Chad Larson. In this October edition, I’m here to unpack a whirlwind of market activities and share some pivotal insights from recent developments. We've seen the first Federal Reserve rate cut since 2020, a strategic move that’s sparking discussions across global markets. With the S&P 500 hitting its first positive September since 2019 and major liquidity events reshaping our investment landscape, we’re poised at a critical juncture. From the bustling energy sector to tech’s towering influence, join me as we dissect the complexities of today's economic environment and what it means for your investments. Stay tuned as we dive into the numbers, trends, and strategies that matter most to your financial journey.
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In the latest MLD Wealth Money Matters Podcast, Chad Larson discusses the Bank of Canada's recent rate cut and signals of potential further easing if economic conditions worsen. September's historical market weakness looms, but bullish momentum continues, supported by strong earnings and positive investor sentiment. Inflation shows signs of cooling, with the Fed expected to pivot towards rate cuts, bolstering market confidence. Despite geopolitical risks, the broadening market trend and robust household consumption offer optimism. However, caution is advised as seasonal and political volatility could impact the markets, especially with the upcoming elections and possible economic slowdowns.
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Welcome to the MLD Wealth Money Matters podcast. Today, we're diving into the current market dynamics following a recent pullback in the broader market especially the Nikkei, Nasdaq and the S&P500.
Despite recent volatility, such pullbacks are a normal part of market cycles. They often present buying opportunities for long-term investors. As we navigate through this quieter week, the focus will likely remain on key economic indicators and any significant corporate news that might influence market directions.
Stay tuned for more insights and detailed analysis here on MLD Wealth Money Matters.
Welcome to this month's episode of Money Matters, where Chad Larson, the seasoned Portfolio Manager of MLD Wealth, shares his insights. Today, Chad dives into the current market dynamics, focusing on the electoral cycle of US politics, How the mid-year point of the market points towards a positive end of year and reconfirms his bullish stance for the market through 2025.
Welcome to this month's episode of Money Matters, where Chad Larson, the seasoned Portfolio Manager of MLD Wealth, shares his insights. Today, Chad dives deep into the current market dynamics, focusing on the Bank of Canada's recent decision to cut rates before the US Federal Reserve and its impact on the Canadian dollar. Chad also discusses the exciting new opportunities with the Alterna Private Income Portfolio, explaining why he's enthusiastic about what it offers for clients. Whether you're a seasoned investor or just starting out, you'll find valuable takeaways to help you navigate the evolving financial landscape. Tune in to gain a deeper understanding of these significant developments and how to position yourself for success in the coming months.
Welcome to this month's episode of Money Matters, where Chad Larson, the seasoned Portfolio Manager of MLD Wealth, shares his insights. Today, Chad will discuss the current dynamics of the market and why he remains constructive and excited about the potential ahead in 2025 and the remainder of 2024. With an in-depth analysis of recent trends and an eye towards future opportunities, Chad will outline the reasons that are shaping his positive outlook. Whether you're a seasoned investor or just starting out, you'll find valuable takeaways to help you navigate the evolving financial landscape. Tune in to gain a deeper understanding of what's driving the markets and how to position yourself for success in the upcoming months.
Join Chad Larson, Senior Portfolio Manager at MLD Wealth as he reflects on navigating through two challenging years in the market and celebrates the promising start to this year. Chad will delve into the intricate workings of the investment cycle, shedding light on our meticulous approach to capital positioning, always tailored to meet the unique needs of our clients.
Welcome to MLD Money Matters, your go-to podcast for all things finance, where we break down complex market trends into manageable insights. Today, we're diving into the factors shaping the global markets this year.
And now, for a bit of thrilling news I've been eagerly waiting to share with you all. After months of meticulous planning and rigorous approvals, we're on the brink of launching a bespoke private alternatives portfolio. This innovation is set to revolutionize access to some of the world's most exclusive capital managers, offering our clients a more cost-effective gateway to select private investment opportunities.
In this episode Chad introduces MLD's newest Partner and Senior Investment Advisor Mehul Sudra and discusses Gurman Arora's promotion to Senior Financial Planner to lead the groups Wealth Enhancement Services platform.
Additionally Chad discusses his thoughts on inflation, immigration, the Fed and positioning strategies in core portfolios.
As always, our priority is to ensure your financial well-being and peace of mind. We look forward to a prosperous 2024, filled with opportunities for growth, both monetarily and in knowledge. Here's to a year of building wealth and maintaining a balanced lifestyle.
"Thank you for your continued trust in MLD Wealth Management. Wishing you all a fantastic year ahead!"
Short update on the market rally seen in November, where we see the year end rally and how we are positioning capital for 2024
Greg Taylor, Chief Investment Officer of Purpose Investments joins Chad Larson for a candid discussion surrounding markets, seasonal timing, recession fears and inflation outlook
In this episode Chad discusses the current state of the economy with respect to a resilient US economy largely buoyed by stimulus that could pave the way for more risk. Ultimately setting the stage for recovery when the FED pivots from quantitative tightening and starts to ease the supply of money
In this episode Chad discusses many topics from the market, geopolitics, recent tragic events unfolding on the world stage and the concerns he sees in front of investors heading into Q4
Join Chad Larson as he discusses current positioning, the real economy, the reality of sideways markets, and investor fatigue. Chad additionally discusses some of the details regarding their new formal partnership with a leading firm in adding a whole new depth to their investment analytics, risk analysis and investment selection process.
In the battle of “don’t fight the Fed” and “don’t fight the tape,” the tape is clearly winning, and given that one mega-cap technology stock was recently bigger than the entire Russell 2000, it doesn’t take a lot to lift the underperforming areas like small-cap and banks that have caught a bid.
The market has been broadening out on earnings not being as bad as they could be, but ultimately, to keep that bid, there needs to be an improved outlook for earnings. A rebound in earnings historically comes from a reduction in rates and an improvement in the outlook for money, profit margins, and earnings
The narrowing of U.S. equity performance has been a hot topic of discussion so far this year, but what does it mean for investors when a small handful of stocks makes up such a huge percentage of the market’s overall returns? We also discuss the topic of Investor Fatigue, Inflation in a cooling economy and the disparity between value and growth investment returns year to date.
Join me while I discuss interest rates, the economy and our outlook into the back half of 2023. Remember…two things can be true at the same time and equally we can have a bad economy and a good market.
Our game plan remains the same: stay lighter in exposure and slightly defensive in sector allocation, and stand ready to take advantage of any weakness if/when bad news becomes bad news.
With a few inbound calls and emails regarding the increased media attention to the failure of Silicon Valley Bank, I felt it timely to publish my opinion on the matter and give a quick update to our outlook and positioning.
In this episode I am joined by Travis Dowle CFA, a Capital Markets Partner that has great insights into the market. Travis is the Founder, President and Portfolio Manager of Maxam Capital an independent alternative investment management firm located in Vancouver, Canada. We discuss the current market backdrop, bottom-up investing, arbitrage and how these approaches compliment overall portfolio construction.
In this episode we discuss being ahead of consensus and the core principles of having disciplined process in our investment strategy. We also recap January's stellar performance and outlook for the rest of the year on how it relates to Inflation, Interest Rates and Recession.
While Global growth is set to worsen for part of 2023, we also expect markets to start focusing on the recovery that lies ahead. We believe this calls for dynamic portfolios that are ready to pivot as a sequence of events unfold. This includes quality investments amid the current uncertainty and exposure to sources of long-term growth.