Monthly market developments Equity markets dipped in early April but bounced back in May. Investors were hopeful for interest rate cuts to boost markets, supported by lower inflation and a positive economic outlook. In June, the Bank of Canada and the European Central Bank cut interest rates, starting a policy-easing cycle. However, the US held […]
Bank of Canada cuts first Market participants look for more The Bank of Canada announced that it was lowering administered interest rates by 25 basis points (a basis point is 1/100th of one per cent) at the conclusion of its June 5 monetary policy meeting. As can be seen in the accompanying chart, the Bank […]
By Alfred Lam, MBA, CFA, and Richard J. Wylie, MA, CFA. Market participants look for more The Bank of Canada announced that it was lowering administered interest rates by 25 basis points (a basis point is 1/100th of one per cent) at the conclusion of its June 5 monetary policy meeting. As can be seen in […]
After a tough April, equity markets got back on track in May. Here’s a summary of the main events that steered the markets. Monthly market developments Equities rose and bond yields fell on better U.S. inflation news, clawing back some of the losses from April. Market performance continued to broaden beyond tech to other sectors […]
Private Markets: First Credit, then Equity By Geofrey Marshall, Senior Vice-President, and Portfolio Manager Fixed Income and Lead, CI Global Asset Management. In terms of performance, private market assets generally had a better absolute year in 2023 but a weaker relative year compared to 2022. In that year, most parts of the private markets outperformed […]
Investors experienced their first pullback of 2024 in April with US, Canadian and global equities ending the month in the red. Here’s a summary of the main events that steered the markets. Monthly market developments Equities stumbled and bond yields climbed as investors reluctantly accepted that sticky U.S. inflation will delay Fed rate cuts. The […]
Investors had lots to cheer for in the first quarter of this year. Equities posted stellar returns, U.S. corporate earnings were strong, AI continued to excite and there was optimism that Fed rate cuts are getting closer. U.S., Canadian and global equities climbed steadily through January, February and March to end the quarter with a […]
By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management. The Tip of the AI Iceberg If you wake up tomorrow morning believing the world is about the same as today, you are probably missing something. We are seeing dramatic changes led by technological advancements, and the latest is artificial […]
Highlights from the Ontario Budget Minister of Finance Peter Bethlenfalvy tabled the 2024/25 Ontario provincial budget on March 26, 2024. Ontario continues to face economic challenges and elevated uncertainty. The outcomes of persistently high interest rates and inflation continue to be unclear. Ontario’s economy, however, has demonstrated continued resiliency in light of ongoing economic pressures. […]
Market Focus Canada’s standard of living continues to decline. Canada’s economic output was soft in 2023. Statistics Canada announced that, on a monthly basis, real gross domestic product (GDP) by industry expanded by 0.2% in November, following “flat” results in each of the previous three months. In addition, in this report the statistics agency provided revisions […]
Subscribe to our newsletter to stay update with the latest insights, articles, and webinars.
