This week, the Bank of Canada surprised markets by raising interest rates by a whopping 100 basis points. In today’s episode, portfolio managers Chris Heakes and Matt Montemurro, as well as your host, Mark Raes, discuss how central banks so badly misjudged inflation and what it means for the chances of an economic downturn. They also look at short-term bonds, energy, U.S. equity markets, and ESG investing.
With a possible recession on the horizon, investors are wondering if there are similarities between the current environment and economic downturns in 2008 and 2020. In today’s episode, portfolio managers Chris McHaney, Alfred Lee, and your host, Mark Raes, discuss what makes this situation different. They also look at the yield curve, mortgage-backed securities, dividend ETFs, and Canadian banks.
The new BMO Canadian Bank Income Index ETF (Ticker: ZBI) is an innovation in fixed income, but how does it fit into a portfolio? In this episode, Alfred Lee and Rob Butler dive deep into the benefits of fixed income ETFs, the process behind creating ZBI and the objectives in crafting its investment exposure, the three components that make up ZBI, and expectations for the future.