The Fed wants the option to hike in March but lacks the conviction to do so.
Does détente mean the greenback has already peaked?
How can the BOE justify doing nothing – holding interest rates steady and offering no strong view on the direction of monetary policy – while also increasing its growth forecasts, at a time when it already expects inflation to overshoot the target for the next three years?
The Fed kept rates on hold despite growing confidence that inflation will hit its 2% target.
It’s important to consider which variable would dominate real estate-related asset prices in a potential new paradigm: higher rates or stronger growth.
Investors should take note of the low absolute yields which many “cash equivalent” assets offer, in both absolute and relative terms.
Group CIO Dan Ivascyn discusses how PIMCO’s core thesis on global interest rates remains in effect, suggesting we’re likely not seeing the beginning of a bear market in bonds.
Scott Mather, CIO U.S. Core Strategies, discusses portfolio positioning and the impact of the U.S. election on market volatility, currencies and inflation expectations.
Here’s our view on what a Trump presidency and Republican Congress likely mean for markets over the near, medium and longer terms.
Canadian housing prices, which have nearly doubled over the past decade, may finally be at a turning point.