Inflation

Inflation glass half full: expert

Statistics Canada’s recently released inflation figures are a mainly positive sign both for the Canadian economy and investors, suggests Serge Pépin, head of investments at BMO Investments Inc. “There’s a good side and a bad side to inflation,” he said. “When inflation is rising, it usually means there’s good economic growth behind it, so you […]

By Dean DiSpalatro |June 30, 2011

3 min read

Industry

Inflation pummels bond market

Inflation expectations are on the rise in Canada. It seems its time for investors to ditch the bond market and dive into an equity market primed for plum pickings. “As the result of the inflation expectation rising, we will at some point in time see bond yields rise,” says Paul Taylor, chief investment officer, BMO […]

By Vikram Barhat |May 30, 2011

3 min read

Market Insights

USD outlook negative despite improving data

Despite improving labour conditions the negative outlook for the greenback remains unchanged owing to the Fed's acceptance of inflation in order to stimulate growth and employment.

By Vikram Barhat |May 12, 2011

2 min read

Industry

Emerging markets battle inflation

After briefly losing some investment inflows to developed markets, especially the U.S., emerging markets have pulled back the pendulum of inventor mood with measures to rein in inflation. The first quarter of 2011 saw about $18.6 billion leave emerging market equity funds, about the same as gained by the U.S.-dedicated equity funds during the period, […]

By Vikram Barhat |April 25, 2011

3 min read

Smart money gets nervous

Institutional money managers are bracing for rough times over the coming six months, according to a new survey by Northern Trust. Seventy percent of managers expect inflation to rise, while 62% see increased market volatility as measured by the VIX Index. The survey found that 36% of managers are more risk averse, up from 20% […]

By Staff |April 13, 2011

2 min read

Inflation edged lower in February

There may be some good news for clients with variable rate debt. StatsCan reported today that the annualized inflation rate edged down one-tenth of a point to 2.2% in February. While that may be above the Bank of Canada’s target of 2%, the underlying core inflation rate fell to 0.9%. That’s its lowest level since […]

2 min read

Canadian stocks could be tops: CIBC

Canadian investors hoping to recover some of the lost ground in their portfolios should look no further than their own backyard, according to a report from CIBC World Markets. Canadian equities are likely the best bet for superior returns. “A diversified portfolio is always wise, but in terms of allocations for Canadian equity investors, it […]

By Steven Lamb |March 1, 2011

2 min read

Inflation, simmering tensions temper outlook

The developed world seems to be in an inflationary boom, with neither the U.S. Federal Reserve nor the European Central Bank (ECB) apparently willing to tighten monetary policy. “My sense is that the markets are behaving as if we’re in an inflationary boom,” said Jurrien Timmer, director of investment research at Fidelity Canada, in a […]

By Vikram Barhat |February 23, 2011

5 min read

Best of 2010: Profits may be worthless, Klarman says

Speaking at the CFA Institute’s annual conference in Boston, Seth Klarman, founder and president of the Baupost Group, and author of the much-sought-after Margin of Safety, opined that earning money is the easy part, but that ensuring U.S.-dollar denominated profits retain their value may become a challenge. The following story appeared in our Top Minds […]

By Steven Lamb |June 9, 2010

4 min read