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 […]
May was a mixed bag for investors. Read the May 2023 Market Commentary here. Here’s a summary of the notable events that steered the markets. Monthly market developments Equities were broadly flat as the banking sector, falling oil prices and the U.S. debt ceiling drama in Congress weighed on performance. The main exception was the […]
By Alfred Lam, CFA, Senior Vice-President, and Head of Multi-Assets, CI Global Asset Management. Is the U.S. Print-To-Pay Policy Coming to an End? In our lives, we often deal with uncertainties. Some are “known unknowns”, meaning we were aware of the event/issue but uncertain about the outcome; some are “unknown unknowns”, meaning no one saw […]
The promising start to 2023 continued for investors in April as stocks posted more gains, bond yields were stable and inflation cooled again. Read the April 2023 Market Commentary here. Here’s a summary of the main events that steered the markets. Monthly market developments Equity markets ended higher for the second month in a row. […]
By Alfred Lam, CFA, Senior Vice-President, and Head of Multi-Assets, CI Global Asset Management. Lessons from March’s Bank Run Investors began the year with an extremely optimistic belief that an economic soft landing would be achieved in the U.S. with cooling inflation and that the U.S. Federal Reserve was very close to finished hiking rates. […]
It was “all’s well that ends well” for investors in March as following a swift response from central banks to a mid-month scare involving banking stocks, markets rallied and continued their good start to 2023. Read the March 2023 Market Commentary here. Here’s a summary of the main events that steered the markets: Monthly market […]
