The Bank of Canada has sent a pretty clear indication that rate hikes are on pause until further notice, opting to evaluate how the latest – and perhaps last -- 25 basis-point increase in the current cycle will impact borrowers and the broader economy before the bank decides on a further tightening of monetary policy. In today’s episode, portfolio managers Chris Heakes, Matt Montemurro, and your host, McKenzie Box, discuss why the BoC’s guidance is a sign to look at long bonds again. They also dive into four new ETFs from BMO GAM, two covered-call equity ETFs, and two new U.S. fixed-income funds that will benefit investors looking to add duration back into their portfolios.

After a strong run, the U.S. dollar rally is fading fast as emerging-markets and gold stage respective comebacks after slumping through 2022. In today’s episode, portfolio managers Chris McHaney, Alfred Lee, and your host, McKenzie Box, discuss how investors can hedge currency positions to take advantage of these shifts. They also dive into whether direct exposure to gold or gold-mining equities is the better way to capitalize on the metal’s bullish outlook.

The latest U.S. inflation print points toward a continued deceleration in consumer prices, likely providing the Fed the evidence it needs to reduce or even pause altogether an expected interest-rate hike at the Federal Open Market Committee’s next meeting. In today’s episode, portfolio managers Chris Heakes, Matt Montemurro, and your host, McKenzie Box, discuss why investors may want to maintain defensive exposure despite a less hawkish Fed. They also dive into how Factor investing can mitigate the market volatility that will likely persist well into the year.

2022 was a challenging time in the markets, which had investors riding the waves of uncertainty. As we enter the new year, are inflation and interest rates trending in the right direction? In this episode, Erika Toth and Alfred Lee discuss the latest quarterly Portfolio Strategy and Fixed Income Strategy Reports, which explore the 2023 market outlook, central banks, gold, key risks, and portfolio construction across various asset classes.