Viewpoints about Inflation
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Canada brings the curtain down on real return bonds
The phasing out of inflation-protected bonds ushers in a new era for inflation hedging in Canada. Now that new issuances of real return bonds are off the table, what tools do investors have in their arsenal to lead the fight against inflation? Learn more.
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Beyond the Fed’s hawkish “pause”: three macro elements to consider
The U.S. Federal Reserve kept rates steady at its June meeting. But looking deeper, there are implications for investors.
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The Bank of Canada “unpauses”—what’s next?
After just a brief moment on the sidelines, the Bank of Canada has announced yet another 25-basis point rate hike. Our experts offer their take on what this means for the economy. Read more.
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The signals and the noise: Three-minute macro
With such a strong job market, how can a recession possibly be in the works? Our answer lies in some troubling leading indicators for growth. At the same time, we think oil’s importance in inflation means some reprieve for the Consumer Price Index in the future. Finally, we note that central banks’ bias toward rate hikes may mean more cuts down the road.
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Budget 2023: health care, clean energy…and deficits
The Canadian federal government released its 2023 budget, outlining the policy priorities for the next year onward. See how the Canadian federal government is addressing key issues in a challenging economic context.
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Three questions for the Fed in the lead-up to its March meeting
Fears that financial stress in the system could morph into a banking crisis have sparked speculation that the Fed might make a dovish pivot at its March meeting. We take a closer look.
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A framework for navigating a massive uncertainty shock
The closure of tech-focused lenders in the United States has left investors on tenterhooks even as policymakers work hard to contain potential spillover effects. Find out how recent events could affect the U.S. economy.
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Duration calculation: Three-minute macro
Managing duration risk is important for all portfolios, so we modeled duration risk in equities. We also shed some light on what tech layoffs mean (or don’t mean) for the wider economy. Finally, we explain why the Bank of Canada’s aggressive monetary tightening relative to its peers may not be enough to prevent a recession.
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Inflation, interest rates, and recession risk: farmland’s resilience in the face of uncertainty
Farmland investment performance has shown historical resilience in periods of economic disruption—how will it fare as risks of a near-term recession rise?
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The tailwinds of change: Three-minute macro
Inflation is showing signs of moderating, and if history is any indication, that could be a tailwind for equities. We’ve also got eyes on the timeline for a reopening in China, and on Americans’ excess savings, which aren’t excess for everyone.
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