HEWC News and Press, iShares Currency Hedged MSCI Canada From 01/27/23

Summary The record tightening done by central banks in 2022/2023 will slow the economy into 2024, and any easing efforts in late 2023/24 will not fully be felt until 2024/2025. The rate of change in borrowing costs has been extreme, but the bigger problem remains grossly inflated prices...

Summary The case for future rate cuts by the Bank of Canada. Can inflation return to 2% by 2024? What a potential pause in rate hikes means for recession worries. The Bank of Canada says it’s taking a wait and see approach when it comes to future rate hikes....

Summary Is the Bank of Canada done hiking its policy rate? What is the bond market telling us about inflation and the economy? What are the biggest risks to the Bank of Canada's outlook? The Bank of Canada increased its overnight interest rate by 25 basis points in its ong...

Summary A 25bp rate hike from the Bank of Canada with a pause declared given expectations of a stalling economy and sharply lower inflation. While suggesting they could hike further if required, we expect the next move to be a cut. CAD is understandably weaker after the release, but...

Summary The BoC is set to raise rates one last time on Wednesday with a 25bp hike, taking the overnight rate to 4.5%. Economic activity is slowing and inflation is coming down and what is likely to be characterised as a pause for assessment is set to mark the peak for rates. Rate cu...

Summary Why the second half of 2023 may be better than the first. What the inflation fight could mean for markets in 2023. Why investors should be focusing on the long term. Many investors would likely want to put 2022 behind them and focus on the year ahead. Micha...

Summary After enduring one of the worst years on record across asset classes, investors should find more cause for optimism in 2023, even as the global economy faces challenges. Inflation is likely to moderate, and risks to the inflation outlook appear more balanced than they did severa...

Summary In the first quarter of 2021, residential ‘investment’ in Canada (real estate commissions, construction of homes, significant renovations, and ownership transfer costs) comprised some 9% of Canada’s GDP, while business investment plunged. Since 2022, a rapid...

Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...

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...