Invesco Canada blog

Insights, commentary and investing expertise


Global Market Strategist, Invesco Ltd.
June 24, 2019

Subject | Invesco | Macro views

The Federal Reserve (Fed) met last week and clearly telegraphed that it will no longer be “patient” and that it is leaning toward loosening monetary policy. Why? Fed Chair Jay Powell said trade developments and global growth concerns are on the mind of the central bank. As I look into the second half of the year, those two items are key to my outlook as well – and I believe the willingness of central banks to become more accommodative could be a positive development for stocks.

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What can we learn from Kawhi Leonard?


Portfolio Manager
June 21, 2019

Subject | Active management

The Toronto Raptors are the 2019 NBA Champions. They went from being underdogs to beating the reigning champions in six games. This win has captured the attention of long-term fans and bandwagoners alike and one of the main protagonists has been Kawhi Leonard, the Raptor’s elusive star who has consistently been the difference maker throughout the entire playoffs. One thing that stands out about Kawhi is his demeanour: he appears emotionless. The Wall Street Journal analyzed 254 shots taken by Kawhi throughout his career in the last five minutes of close games and in 78% of those shots, Kawhi had no reaction and in the instances when he did react, the reactions were muted.1 The same can be said of missed shots where Kawhi shows little sign of being rattled.

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Will the Fed lose its patience this week?


Global Market Strategist, Invesco Ltd.
June 17, 2019

Subject | Invesco | Macro views

All eyes will be on this week’s U.S. Federal Reserve (Fed) meeting — especially the statement (whether the central bank will retain its “patient” stance) and the “dot plot” (which charts the outlook for interest rates). The June 18-19 Fed meeting is very important because market expectations have gotten so dovish recently. And with risks rising, many investors recognize that once again the Fed stands between them and a more challenging stock market environment.

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A foundational approach to managing risk


Head of Global Equities and Director of Research, Invesco Canada Equity team
June 12, 2019

Subject | Active management | Invesco

According to Plato’s account of his mentor’s trial, Socrates stated “The unexamined life is not worth living.” I think this is a pretty good motto, so I spent the past nine months reviewing and evaluating my investment process to ensure that I haven’t picked up any bad investment habits.

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Central banks provide a silver lining to the escalating trade war


Global Market Strategist, Invesco Ltd.
June 10, 2019

Subject | Invesco | Macro views

A collective sigh of relief was expelled on Friday evening as U.S. President Donald Trump announced he would indefinitely suspend the planned imposition of tariffs on Mexico – which was set to go into effect on June 10. Markets have entered “risk on” mode, given that the crisis was averted. However, we need to recognize that the announcement that the U.S. would apply a tariff on Mexican goods as a way to address immigration was a “game changer.” I believe strongly that just the threat of using tariffs to achieve non-trade policy objectives is very concerning and will likely contribute to a significant escalation in economic policy uncertainty – even though the current situation has been resolved.

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