Insights

The second half of the summer saw more subdued price action with both equity and bond markets showing a slight decline. Investors’ immediate attention is likely on takeaways from a major conference of global central bank leaders and third-quarter results...

Global equity markets have pulled back slightly so far in August. The past few weeks have been marked by the U.S. credit rating downgrade by Fitch, one of three leading rating agencies. Although we foresee limited near-term consequences, we share its...

Investors have been tasked with interpreting a flurry of global economic data over the past couple of weeks. These include signals of resilient but moderating growth in North America, broadening economic weakness in Europe, and a stalled recovery in China...

It has been a busy start to the summer. The Bank of Canada raised interest rates as expected. Inflation figures in the U.S. suggest pricing pressures continue to ease. Meanwhile, the second quarter earnings season has officially begun. We also recently...

Our Midyear Outlook argues for patience while financial markets work through persistent challenges.

It’s hard to believe, but the first half of the year has come to a close. While it’s been eventful, one could argue it’s been relatively dull compared to the year ago period. Interest rates are still rising, but less aggressively than last year. The rate...

Global markets continue to behave reasonably well as measures of equity volatility sit near multi-year lows. This is encouraging given some new uncertainty around interest rates. The U.S. Federal Reserve, Bank of Canada, and European Central Bank all...

Our thoughts go out to all those that have been affected by several wildfires across provinces from coast to coast. On the investment front, investors have been predictably preoccupied with the U.S. debt ceiling. Fortunately, a deal has been agreed upon...

First and foremost, our thoughts are with the thousands of people who have been affected by the devastating wildfires in Alberta. On the investment side, the U.S. debt ceiling has been front and centre. While it hasn’t resulted in significant volatility...