Invesco Canada blog

Insights, commentary and investing expertise

The dangers of protectionism


Global Market Strategist, Invesco Ltd.
March 6, 2018

Subject | Commodities | Invesco | Macro views

Geo-politics is back in the spotlight, with German Chancellor Angela Merkel finally securing a governing coalition after nearly six months of uncertainty, while Italy embarks on its own period of uncertainty, given the inconclusive results of its election this past weekend. Italy’s voters are following in the recent footsteps of voters in the United Kingdom, the United States, Germany and elsewhere – questioning the “status quo.”

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Five upcoming events that could drive markets


Global Market Strategist, Invesco Ltd.
February 27, 2018

Subject | Invesco | Macro views

Markets took another roller coaster ride last week. The yield on the 10-year U.S. Treasury bond rose to 2.95% – a level it hasn’t seen in four years – but then moved lower by the end of the week.1 Stocks also vacillated, largely in response to those Treasury yield movements. It appears that markets are unsettled and primed to react to the news of the day – both negatively and positively. Below, I discuss five upcoming events that could possibly be the catalyst for more moves ahead.

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The death of retail has been exaggerated


Vice President and Portfolio Manager, Trimark Investments
February 21, 2018

Subject | Active management | Trimark

For the past couple of years, I’ve been seeing the same headlines over and over, predicting the end of brick and mortar retail. The rationale is that Amazon will continue to expand its offering lineup and wipe out entire sectors shortly after it enters their space.

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Good news is bad news: Deconstructing the market sell-off


Global Market Strategist, Invesco Ltd.
February 13, 2018

Subject | Institutional | Invesco | Macro views

Stocks globally have experienced more than a week of tumultuous trading, with the U.S. stock market officially in correction territory. And after being relatively sedate for years, the VIX Index has risen dramatically in recent days, indicating rising volatility. Stocks have moved so far so fast that investors have experienced financial whiplash and are trying to understand what caused markets to change course so abruptly. To put it simply, almost everything that should be a positive for stocks is now a negative for stocks.

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Above-trend growth could cause U.S. inflation later in 2018


Chief Strategist and Head of Multi-Sector, Invesco Fixed Income
February 12, 2018

Subject | Institutional | Invesco | Invesco Fixed Income (IFI) | Macro views

Employment growth has been strong enough that the Bank of Canada (BOC) hiked its overnight target rate to 1.25% in January.1 The BOC statement attempted to balance the view that growth was near capacity with concerns that raising rates too quickly could cause the economic expansion to stall. The 10-year yield has broken through its previous peak of 2.15% on the growth story and a modest pickup in inflation.2 We believe yields should continue to move higher from these levels.

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