Bank of Canada signals rate hike earlier than expected The Bank of Canada’s recent announcement was eventful. The BoC announced it was holding the overnight rate at 0.25%; however, BoC Governor Tiff Macklem also said “we will be considering raising interest rates sooner than we previously thought. Interest rates don’t need to be as low… Read More
The You First Blog
A raft of risk-related news temporarily halted the global economy’s post-pandemic march in September. Here’s a summary of the notable events during this past month that steered the markets: COVID-19 and market developments U.S., Canadian and global stocks dipped over concern about inflation, the U.S. debt ceiling, the Evergrande crisis in China, and speculation on… Read More
The effect of central banks and monetary policy on equity and fixed-income (and real estate, and cryptocurrency) markets cannot be understated at the moment. An average daily market recap will contain terms like Federal Reserve, Quantitative Easing, Stimulus, Tapering, Interest Rates, and Inflation to explain market activity. In this article we breakdown these terms and… Read More
Canada’s 44th federal election has come and gone, and little has changed. The Liberal party won 158 seats (170 seats were needed for a majority), and another minority mandate. In order to pass any legislation, a majority vote in the House of Commons is required; thus, the Liberals require buy-in from one of the Bloc,… Read More
In August, the global economy continued to recover and expand, but it was a topsy-turvy month due to events in Afghanistan, the Delta variant spreading and speculation about the Fed’s “bond taper”. Here’s a summary of this past month’s notable market-related events. COVID-19 and market developments U.S., Canadian, and global stocks notched a seventh straight… Read More
Please note that this will be our final market update until early-May, when the April 30th tax filing deadline has passed. Myles Zyblock, Chief Investment Strategist at Dynamic Funds, has shared his market update for 2021 year-to-date. Please read on below. A New Sherriff’s in Town A seemingly endless wave of government stimulus and the… Read More