Experts See Risks From Higher Rates for Tech-Led Stock Rally (The Globe and Mail)
Kim Shannon discusses the overdone enthusiasm that we are seeing in today's market and the potential risks associated with it.
published June 2026
posted in Media
published May 2026
posted in Soundbites
Sionna Soundbite: Once 10-Year Government Yields Rise Above 5%, P/E Multiples Tend to Fall
Inflation around the world has been rising anew. Since interest rates bottomed out in the summer of 2020, no major developed market has been able to sustainably return inflation to 2% or less. With 10-year U.S. government bonds now rising above 4.5%, we thought it seemed timely to revisit a familiar chart...
published May 13, 2026
posted in Video
Lessons from Market History (Strand Global Macro Podcast)
Kim Shannon, CFA, MBA Founder and Co-CIO
published May 2026
Berkshire Hathaway Investors Weigh Future Under New CEO Greg Abel (CNBC)
Kim Shannon attended the Berkshire Hathaway Annual Meeting this year and was interviewed by CNBC where she discussed her thoughts on Berkshire's direction under new CEO, Greg Abel.
published April 2026
posted in Media
Finding Value, Then and Now (Calgary Connects)
Kim Shannon joins Calgary Connects to discuss Sionna's approach to value investing and risk management within our process.
published April 2026
posted in Insights
The Big Cycle Shift: From Asset-Light Dominance to Physical Scarcity, From Growth to Value
After more than a decade of growth dominance fueled by abundant liquidity and disinflation, the balance of evidence suggests a swing of the pendulum, from asset-light to asset-heavy businesses. In this emerging regime, value is not simply participating in the cycle, it is positioned to lead it, and Canada has the natural endowments to lead on the world stage.
published March 2026
posted in Video
Inflation cools to 1.8% year-over-year in February (BNN Bloomberg)
Kim Shannon, CFA, MBA
Founder and Co-CIO
published March 2026
posted in Soundbites
Sionna Soundbite – Iran Situation Continues to Evolve
Our latest update from Portfolio Manager, Aleksy Wojcik, outlines key developments in the Iran/U.S./Israel conflict. In the piece, Aleksy discusses potential impacts on global shipping lanes, energy markets and broader commodity dynamics.
published February 2026
posted in Soundbites
Company Spotlight: Dollar General
Sionna's Trader and Equity Research Analyst, Hunter Corcoran, provides an update on Dollar General, a holding in Sionna's High Conviction Strategy (Sionna Opportunities Fund).
published January 2026
posted in Insights
Natural Folly in the Age of Artificial Intelligence
Artificial Intelligence (AI) seems to be front and center everywhere these days. This enthusiasm is understandable. AI has the potential to redefine productivity and transform whole industries (and even societies). But there is much uncertainty with the rate of AI adoption, the ultimate economic impact and who the winners and losers will be tomorrow. Against this backdrop of uncertainty there are risks brewing. Valuations imply enormous growth and profits ahead. There has been heavy borrowing to fund massive capital expenditures. And the entanglement of partnerships and investments between AI-related companies may pose systematic risk. Vigilance is warranted.