This time around, the yield curve may not be in such a rush to flip upside down and, because of that, it’s not necessarily the same surefire sign of what’s to come.
The recent selloff in equity markets may not signal an immediate end to the bull run, in fact markets have largely seen positive returns this week, but further gains are only going to get harder to come by at this late stage in the cycle.
AGF’s Steve Bonnyman gives his perspective on recent market volatility, driven by trade disputes, a president fighting with the Fed, and how investors should position themselves going forward.
•Finance Minister Bill Morneau said last week the government will impose immediate global tariffs and quotas designed to deflect a damaging flood of steel imports into Canadian markets as a result of U.S. levies. The “provisional safeguard” measures on seven steel products — considered emergency actions by the World Trade Organization — will apply to all countries including China, but will provide specific exemptions for the United States, Mexico, and developing countries.
Clearly, retail investors have become enthralled by the prospects of a fully-realized global cannabis industry emerging in the months ahead.
One of the biggest fears gripping markets so far this year has been the introduction and escalation of tit-for tat tariffs by the U.S. and its key trading partners, but bond investors do not have the same worries as their equity-holding counterparts.
AGF’s Ani Markova gives her perspective on why gold prices may rally after being hit…
Canadian investors may have one less headwind to worry about now that Canada, the U.S. and Mexico have shaken hands on a refurbished free trade agreement, but in the wake of the deal, the risk of future interest rate hikes has only become more real.