All about tariffs
market snapshot
Volatility, velocity and vigilantes
After a choppy start to the year, and a rally through much of Q2 and Q3, the Bloomberg US Aggregate ultimately gave up a portion of year-to-date (YTD) return in Q4, while remaining modestly positive for the year at 1.25%. Growing investor expectations of a Donald Trump win fuelled a risk rally in the weeks […]
Tariffs on the table
Video transcript How do you think tariffs might affect international equities in 2025? Tariffs are going to affect international equities in 2025, primarily because of uncertainty. The uncertainty that obviously comes with the recent Trump election is that the level of tariffs is going to mean that, at the end of the day, we are […]
Fixed income: New challenges for the easing cycle
2025 Outlook
Will the equities rally continue in 2025?
2025 Outlook
Global reverberations of the US election
Two weeks out, the storm that was the US election has given way to clearer skies—and more clarity on how the Trump administration might turn campaign promises into policy. Our CIO for Global Equities Stephen Auth recently outlined how the issues of tax cuts, higher tariffs, reduced regulations, smaller government, immigration reform and resolution of […]
The trouble with tariffs
The US election is over, and investors are beginning to assess who will be the winners and losers during Trump’s second term in office. Will President-elect Trump do all that he said he would do? Or was a lot of what he proposed just campaign rhetoric? We can be fairly certain that tariffs are going […]
Trump win gives Republicans strong mandate
Stephen Auth, CFA Executive Vice President, Chief Investment Officer, Equities Trump wins “Bigly”; Senate flips; House still undecided. Confounding the experts, President Trump handily won the Presidential election late on election night. Along with this, he solidly flipped the Senate; the only branch of government undecided as of this moment is the House, which will be […]
Fuzzy picture
A common misconception about money market products is that they are only concerned with short-term economic developments because daily liquidity is a defining feature. But cash managers seek to gain higher yields than deposit products by investing across a longer time horizon, often out to a year. Noise in the data and news is no […]
Strategic Value Dividend: Why now, why always
Why do dividend-paying strategies make sense? Video transcript For the dividend investor, the ‘why now’ question really is a ‘why always’ answer. The math of dividend investing is one that works out over years, if not decades, of being a business owner through the stock market. It implies a certain degree of patience and watching […]
