HEWC News and Press, iShares Currency Hedged MSCI Canada From 12/22/22

Summary Will central banks push economies in recession in 2023? The battle against inflation and whether central banks are winning. Why there may have to be job market destruction before interest rates can come down. Economic resiliency, especially in the job mar...

Summary The Bank of Canada hiked their policy rate to 4.25% to fight inflation. This was the seventh rate hike this year. The Bank of Canada reported a third quarter loss of C$522, the first loss in their 88-year history. Through Quantitative Tightening, their balance sheet has...

Summary Why are bonds taking a big hit? As the rate hike cycle moves closer to the end, could a generational opportunity in fixed income be emerging? How do long term capital market expectations look? Are GICs recommended? Rising interest rates have inflicted m...

Summary Bank of Canada, ready to pause rate hikes? Why the end of the tightening cycle may be near, even though inflation is still high. Bank of Canada: why the next decision may be based on data, and not a predetermined path. The Bank of Canada delivered yet another interest ...

Summary The Bank of Canada raised policy rates another 50bps today, taking base rates in the banking system to 4.25% from .25% at the start of the year. Some 20% of Canada’s $2 trillion in mortgage debt was borrowed when rates were 1.5% compared with more than 5% today (BMO data)...

Summary What the latest Canadian GDP data means for Bank of Canada rate policy? Will the Bank of Canada hike rates by 50 or 25 basis points and are we getting closer to the end? What are the risks of a recession in 2023? The latest Canadian GDP report shows that th...

Summary Why the declines in tech on the S&P 500 may be hiding strength in other sectors from investors. The energy sector may still provide opportunities for investors. Insurers are not suffering the same challenges as other financials in the current high-rate environment....

Summary What strong jobs numbers may mean for interest rates going forward. U.S. employment data may have been mixed, but likely not enough to sway the Fed. How do we know we've reached peak job creation? Resilient job markets in both Canada and the U.S. coul...

Summary The duration or the Fed's tightening cycle may end up being longer than expected. Why the Fed's terminal rate has become a moving target. The big mistake for the Fed wouldn't be overshooting, it will be being premature in pivoting. Fed Chair Jerome Po...

Summary Yesterday, Fed chair Jerome Powell reiterated his commitment to combating inflation (lagging indicator) at the expense of economic growth, employment and asset prices (leading indicator). In an abrupt reversal, every market sector tumbled into the close, with 474 of S&...