In our last edition of the Prittie Perspective, I wrote about navigating uncertainty and the fog of the trade war. Much has happened in the last three months with the US Administration’s “Liberation Day” occurring the day after our last newsletter. Since then, we saw a significant market reaction and geopolitical concerns from global leaders over the future of trade and the reliability of the United States as a partner. Stock markets reacted with both fear and contempt upon the unveiling of the reciprocal tariff schedule as many economists felt is grossly mischaracterized the reality of global trade. This due to the United States being a largely knowledge-based economy that imports goods from smaller countries to meet the demands of its population.

The second quarter of 2025 began on uncertain footing following “Liberation Day,” a surprise policy announcement in the United States on April 2nd that triggered a wave of market volatility. The resulting selloff saw equities decline sharply as investors scrambled to understand the fiscal and regulatory implications. Despite this early disruption, markets regained stability over the quarter and ended with gains due to the administration’s decision to pause the tariffs for 90 days as well as the announcement of several tentative trade deals.

Spring was busy in Panama with enjoyable social functions and charity involvement. We were pleased to be a serious contributing sponsor for both the Pro-Ed after school program and a community work program. This work initiative, organized by AVACA, rewards children for local efforts in the community gardens, cleaning the beach area and other simple but worthy tasks. In exchange for four hours volunteering, children are rewarded with school supplies, backpacks and shoes etc. It provides children with comradery, a reward for effort and self-fulfillment and satisfaction. Another initiative I co-sponsored through my company Transocean Global Consulting Ltd, was AVACA’s San Felipe community Medical/Dental Fair, where children and aged grandparents receive medical/dental care for free.

At Prittie Private Wealth, our commitment to delivering a secure, seamless, and sophisticated client experience remains unwavering. As part of this commitment, we are excited to highlight the Mandeville Client Portal’s Vault—our digital solution designed to streamline document management, elevate communication, and empower your financial journey.

A Vault That Adds Real Value
The Mandeville Vault isn’t just a file-sharing tool—it’s a comprehensive, secure hub for all your financial documents. Whether you’re collaborating with family, accountants, or legal advisors, the Vault brings everything together in one centralized space. Here’s what makes it exceptional:

If you’re interested in buying a vacation home, there is a lot to consider. A good first step is to consider your 5-year and 10-year plans. Will you get enough use out of it? Do you have other, more immediate or important financial goals? What’s the opportunity cost?

 
If you’re set on the vacation home, but don’t plan on paying cash for the property, the next step will be to plan how to finance it. Here’s what to ask yourself:

At Prittie Private Wealth, our primary goal is to ensure that Electronic Funds Transfers (EFTs) and Wire Orders are initiated, executed, and approved securely and efficiently—while meeting your needs. Whether you’re purchasing a new vehicle or making another important purchase, we want to ensure you receive your funds on time.

Spring is upon us and since our last newsletter, much has changed in the world. We have seen a new administration come to power in the United States, we face our own election here in Canada, and around the world, the economic and geopolitical landscape is changing in ways that are reshaping international relations for years, if not decades to come. In Canada, we have found ourselves somewhat backed into a corner, as for decades, we have had an interconnected free trade relationship with the United States and Mexico that was the envy of the world. However, with recent developments, the US has become hostile to both our economy and our sovereignty. This unfortunate development has shaken the Canadian landscape to the core, but in all this uncertainty, there is opportunity.

The first quarter of 2025 has been marked by heightened uncertainty and uneven market performance across North American equity indices. While Canadian equities have managed to hold onto modest gains, U.S. markets have struggled amid economic concerns and policy uncertainty. The S&P/TSX Composite Index gained 0.77% in the first quarter,…

Summer in Panama is marching closer to an end. Children head back to school here at the start of April. By May the dry season is changing over to the wet season and July through October it rains heavily at times. By November the transition back to summer and dry season is underway. Change is constant everywhere, isn’t it? An elder colleague in the early 90’s once told me; Life is not a GIC. It has its ups and downs just like the market, but you stay the course, learn from the setbacks and how to manage them, and it all works out.

Spring is in the air—and so are some exciting initiatives here at Prittie Private Wealth! We’re always looking for ways to enhance your experience with us, and your input plays a big role in shaping what we do next. Here’s what’s coming up:

We have two upcoming surveys, and by participating, you’ll have the chance to win one of two $100 Visa gift cards. Yes, it pays to share your thoughts!

Spring is one of the busiest seasons in the real estate market, with buyers eager to find their dream home before summer. If you’re planning to purchase a home in Spring 2025, now is the time to get your finances in order.

Being financially prepared can help you secure a mortgage with favorable terms and make your home-buying journey smoother. Here’s how to get ready.

At Prittie Private Wealth, our primary goal is to ensure that Electronic Funds Transfers (EFTs) and Wire Orders are initiated, executed, and approved securely and efficiently—while meeting your needs. Whether you’re purchasing a new vehicle or making another important purchase, we want to ensure you receive your funds on time.

To help avoid delays in processing, please take note of the following procedures/