HEWC News and Press, iShares Currency Hedged MSCI Canada From 05/12/22

Overall indebtedness is higher than it was before the health crisis, as households took advantage of rock bottom rates. Expects that higher borrowing costs will meaningfully temper Canadians’ appetite for new loans. For existing borrowers, if the labour market remains healt...

At its April meeting, the Bank of Canada accelerated its tightening cycle, building on March’s 25-basis-point rate hike with a larger, 50bp increase to lift the overnight rate to 1%. The central bank accelerated tightening with a large rate hike and quantitative tightening, ami...

Every asset class has been on a rollercoaster ride as investors are watching central bankers all around globe tighten monetary policy to fight inflation. The focus for the upcoming week will naturally be a slew of Fed speak and the latest US CPI data which is expected to show inflatio...

The US construction sector has outperformed Canada and Mexico over the past 18 months, but the headwinds facing the US are now intensifying. The Infrastructure Investment and Jobs Act totals around $1.2tr of spending for the next five years. The fundamentals underpinning the Canad...

Expects the bond market volatility to come off the boil a little bit or even better, see a rally in yields. There's a lot already priced into the bond market with respect to central bank interest rate hikes. Michael Craig, Head of Asset Allocation and Derivatives, TD Asset Managem...

After US median home prices collapsed 40% nationally by 2011, American disposable income growth was able to get ahead of home appreciation for a few years. The median household is now adding about $6400 in new debt per year to meet their obligations. Unfortunately, those who borro...

Above-target inflation, higher commodity prices, and concerns about financial stability prompted the Bank of Canada (BOC) to hasten its rate-hiking cycle. Buoyed by strong commodity prices, above-trend growth and inflation, a closed output gap, and an expected lag before higher rates ...

The S&P 500 and the US government bond index are now down about 12% from their highs (similar to Canada’s treasury bond index). Of course, Treasuries have guaranteed income payments and maturity dates, while stocks have none. In recent years, global equities have had an...

In the past few months, bond prices have dumped (spiking their yields) to discount for a whopping 3% of central bank rate hike plans over the next year. In April, mortgage rates rose further, with the offered 5-year fixed-rate at the big five banks above 4%. Despite many still hav...

Why a soft landing for Canadian housing is more likely than a hard landing. Why the risks facing Canada's housing market is fundamentally different than in the U.S. Higher rates may slow housing in the short term, but the long-term impact is debatable. For further details se...