By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management and Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy of CI Assante Wealth Management. Canadian inflation falls on carbon tax cut Carbon tax break lowers Canada’s inflation rate, for now The latest data from Statistics Canada revealed that its Consumer […]
By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management and Richard J. Wylie, MA, CFA, Vice-President, Investment Strategy of CI Assante Wealth Management. Canada’s job market remains divided Further Canadian dollar weakness likely Statistics Canada announced that 32,600 jobs were lost during the month of March, the first decline […]
By Alfred Lam, CFA, Senior Vice-President, and Co-Head of Multi Asset, CI Global Asset Management What Happened? The April 2 U.S. tariffs announcement was a “known unknown.” While it was expected that President Trump would reveal his plan, the specifics were uncertain. Investors had already braced for some level of damage, with the S&P 500 […]
Interestingly, when stock markets reach new highs, different investors may react in opposite ways. Some investors are elated and want to make the most of a booming market. Others are fearful that what goes up must come down. Greed and fear are common triggers, but we’re always here to help ensure that emotional reactions to […]
A year ago, outlooks for US and Canadian equities were cautiously optimistic after a strong 2023, particularly in the US. Caution was indeed needed on several occasions in 2024, but the broad sweep proved to be steadily upwards as major stock indices frequently set new highs on the way to a very good year. Equities […]
Economy contracts on per-person basis Statistics Canada announced that, on a monthly basis, real gross domestic product (GDP) by industry contracted by less than 0.1% in August. This follows weak results for both of the previous two months and left annual growth at a lethargic 1.3%. Perhaps not surprisingly, the public sector experienced a 2.9% […]
After a dramatic campaign, US voters elected Donald Trump on November 5th with a GOP majority in Congress. Investors signaled their enthusiasm for the results with inflows of $141 billion into US equities during November, the highest four-week total on record. Major North American stock indices surged ahead to close November at new highs, with […]
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 […]
https://www.youtube.com/watch?v=lgUQBuf0wQU&t=3s You may think you’ll never fall victim to phishing attacks, but new technologies are making online and phone scams more dangerous. Also, other family members could be at risk. Phishing is the umbrella term for scams that fraudsters attempt through your computer or devices. Smishing, or SMS phishing, refers to text message scams. Vishing […]
August has historically been a weak-performing month for investors and it once again lived up to its reputation. Read the August 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly Market Commentary Equity markets ended August lower but remain up year to date. U.S. indexes were pulled down […]
