Good morning,

 

Here’s a couple of head-office takes you might find helpful as the relatively quiet week winds down:

 

      1. Global Insight Weekly:

 

Reserving judgment: The dollar’s role in currency reserves is again being questioned. We look past the hype to explain why we believe a change is neither imminent nor catastrophic.

 

Regional developments: Forward valuation for the U.S. Tech sector looking stretched again; March brought improvements in Canadian CPI; UK CPI surpasses Bank of England’s Q1 inflation forecast; China’s Q1 GDP confirms recovery is on track

 

Full report here: Global Insight Weekly.

 

     2. Investment outlook Audio file: Analysts Mark Bayko and Jim Allworth from the Global Portfolio Advisory Committee discuss recent economic           and market developments, and the outlook ahead. Listen here (approximately 25-minutes).

 

Feel free to contact me with any questions, and otherwise…

 

Enjoy your weekend!

 

 

Mark