HEWC News and Press, iShares Currency Hedged MSCI Canada From 07/14/22

The Bank of Canada hiked base rates a whole percentage point yesterday, now at 2.5% from .25% four months ago in March. The Canadian prime lending rate now jumps to 4.7%, and most home equity lines of credit (HELOCs) to 5.2%, while conventional variable rate mortgages are in the 3.85-...

Why Canada's hottest housing markets are feeling the biggest chill. How a population boom is helping to support Atlantic Canada's real estate market. Why the outlook for real estate in Saskatchewan and Manitoba is better than the rest of the country. Canadaȁ...

Secular bear markets begin from a point of mass exuberance and over-valuation and end when they have crushed both into remission. Bear markets have bottomed over the past 50 years when the price reaches 10 to 12x forward earnings estimates. Bear markets have never ended before med...

As inflation keeps rising, so too will rates. Does that mean a recession is unavoidable? -What a recession in Canada might look like and how long it may last. If a slowdown hits Canada, why the housing market will feel it the most. The Bank of Canada’s eff...

Earnings expectations have remained resilient across U.S., Europe, and Canada as we enter the second half of the year with most global benchmarks down 15-20%. At a high level, earnings dispersion is classified as ‘low’ with over half of the index having a value less than...

Rising rates are adding to the affordability crisis in Canada. Even as Canadian home prices drop, many still can't afford to buy in. The real impact rising rates may have on your mortgage. Rising interest rates have helped to slow certain parts of Canada’s...

The global economic outlook has deteriorated sharply; we now expect GDP growth to be well below potential in 2023. While the near-term economic outlook is challenging, not all downturns are catastrophic - unlike those during the pandemic and global financial crisis. The economic o...

This year, EWC has witnessed lower drawdowns than U.S. stocks and global stocks. EWC’s valuations still remain cheap. Inflationary conditions look more entrenched in Canada than anywhere else, and this could lead to a more sustained form of tightening by the central bank. ...

Recession fears and central-bank tightening are driving market volatility. Markets have faced a laundry list of concerns this year, including new COVID-19 lockdowns and an economic slowdown in China, the Russia-Ukraine war, surging inflation, and central-bank tightening. We think ...

Inflation continues to surge in Canada, with May’s CPI climbing 7.7% on a year-over-year basis—up from an already-high reading of 6.8% in April. In the UK, consumer prices rose 9.1% in May on a year-over-year basis, which marked a 0.1% increase from April’s elevat...