FLCA News and Press, Franklin FTSE Canada From 10/27/22

Summary Where opportunities might be emerging in the battered bond market. Why the bond market may face even more volatility. Bond market volatility. Is the bottom in sight? Global bond markets have suffered their worst selloff in decades, as central banks ag...

Summary With inflationary pressures and recessionary fears remaining top-of-mind, equity managers see no short-term end to the bumpy ride in markets. One of the key risks cited by equity managers in our third-quarter report is the possibility of inflation remaining stuck at high l...

Summary Is the end in sight for rates hikes in Canada? The BOC says growth will slow, but will the economy slip into recession? What higher rates may mean for Canadian household spending. Canada’s central bank hikes its key interest rate by 0.50%, the ...

Summary The Bank of Canada undershot its previously telegraphed +.75bps rate hike with a +50bps hike. While the US and Canadian central banks both say there’s more tightening yet to do, what they’ve already done will slow demand and drive up unemployment for many mon...

Summary While headline inflation slowed on lower gasoline prices, the core measures rose more than expected, confirming that underlying price pressures continue to run hot. The belief that the risk of doing too little to tame inflation outweighs the cost of doing too much is now w...

Summary The Chinese leader’s address spanned a wide range of topics from the nation’s zero-COVID policy to its growth objectives. Regarding China’s zero-COVID strategy, Xi touted its success in containing the virus and signaled that a relaxation of the policy ...

Summary Why supply chains are no longer behind our inflation troubles. As inflation pressures continue, the wisdom of rates hikes questioned. With U.S. core inflation still rising, odds grow of another big rate hike. The latest U.S. inflation data shows price...

Summary Following a dizzying rally during the Covid recovery, global housing markets have cooled recently as affordability has declined. In Sweden, the combination of mostly floating mortgages, uncomfortably high inflation, and a central bank behind the curve but determined to cat...

Summary Active central banks may create attractive opportunities for discretionary macro managers who can take advantage of higher volatility, higher rates and dynamic policy changes. The Russia-Ukraine conflict remains a large overhang across almost the entire commodity complex. ...

Summary Both the Empire Manufacturing Survey and Philly Fed business outlook are expected to remain in contraction territory. Earnings season heats up as we hear from Bank of America, Goldman Sachs, Netflix, and Tesla. Japan may need to intervene in the FX market again as the ...