Navigate these turbulent times with insights from our investment teams.
Navigate these turbulent times with insights from our investment teams.
Important announcement regarding our Non-Canadian Asset Management Business
The staggering amount of fiscal stimulus helped to push equities and bond yields higher during the quarter, with the S&P 500® returning over 6% and the U.S. 10-year Treasury yield nearly doubling to 1.74%.
As Q1 2021 draws to a close, investors should be mindful of the seasonal weakness typically seen with municipal bonds at this time of year.
As investors rethink fixed income, understanding the state of high yield is imperative in addressing today’s income challenge and to successfully navigating the future of fixed income.
The potent combination of loose monetary policy and increased government spending should lead to increased consumer spending, especially given the elevated current savings rate, and additional stimulus checks going out to households.
Rates have been a notable outlier in the general market recovery since the first quarter of 2020 and some reversion is warranted.
Given the sizable spending that will pair with President Biden's initiatives, we see fiscal policy as a positive, especially over the next couple of years.
Investment grade muni spreads tightened significantly since March, but still remain elevated in some areas versus historical averages.
Alongside the prospect for a strong economic recovery, a growing debate has sprung up around the path of inflation and whether it could derail growth.
In our view, January may prove to be a microcosm of the new year.
In this episode of Sustainability Leaders we discuss the sea change that has taken place during the last 20 years of investor engagement.
With the resolution of the two Senate races in Georgia, Democrats now have complete but narrow control of the federal government.
For all the unprecedented events of 2020, fixed income markets enter 2021 with roughly similar spreads as they did to begin 2020.
