HEWC News and Press, iShares Currency Hedged MSCI Canada From 03/10/21

Sondhi: We expect the current robust sales pace to hold up in the near term. The current unsustainable pace will likely give way to some moderation in the back half of 2021 and early 2022. Sondhi: We expect to see a tapering off in average home price gains in 2022. For furth...

Texas Governor Greg Abbott lifting the mask mandate on Tuesday is good news and will help to stimulate new job growth in the upcoming months. Mississippi Governor Tate Reeves announced similar moves. The other exciting thing that briefly boosted financial markets early last week was t...

The Canadian economy shrank 5.4% in 2020 (the sharpest annual decline since World War II) despite government transfers that totalled an incredible $20 for every dollar of other income that Canadians lost. The wealth effect of asset bubbles has always been transitory. Despite what many...

Canadian corporate bond yields hit new lows in January, led by the decline in high yield. There are factors that may be offsetting the deep Covid recession and serve to reduce credit default rates. Even if there are risks of increased loan delinquencies in Canada, should loan forb...

Canada's economic recovery is uneven and has been dubbed as the "K-Shaped Recovery". Industry overperformers have benefited from shifting spending patterns during the pandemic. Easing health concerns and restrictions, should allow for strong gains in underperforming industries. ...

In Australian equities, nearly all managers remain positive on the outlook for the global economy. With the reopening trade in mind, value managers in Canada are bullish on oil stocks. With technology sector valuations at record highs, U.S. small cap growth managers have been rota...

December Canadian housing starts declined 12.6% month on month (m/m) to 228,279 units (annualized). Starts across all segments were down in the month, with the 15.5% m/m drop in urban multi-family units leading the overall decline. The December decline in total housing starts was ...

The Bank of Canada kept its key policy rate unchanged. Canada's 2021 growth was brought slightly lower to 4%. Orlando: Recovering energy prices could push the Canadian dollar above 80 cents. For further details see: BoC Holds Rates Steady, Sees Brighter Economic Outlook ...

The COVID-19 pandemic and government responses caused a dramatic breakdown between consumption and income. Even with a vaccine, the average household savings rate is expected to stay high. The income-consumption divide could remain wider than usual in 2022 and beyond. For fu...

BoC holds steady on key overnight rate. Headwinds remain from the coronavirus pandemic and lockdowns despite vaccine optimism. Loonie seen appreciating against the U.S. dollar. For further details see: BoC Holds Rates Steady. But Loonie's Rise Could Continue