logo

Invesco Canada blog

Insights, commentary and investing expertise


Global Market Strategist, Invesco Ltd.
May 13, 2019
Subject | Invesco | Macro views

Last week took investors on a roller coaster ride. The climax came at the stroke of midnight on Friday, May 10, when U.S. President Donald Trump’s newest tariffs went into effect – a 25% toll on $200 billion of Chinese goods. Then later on Friday, the negotiations ended with no material progress, and there are no formal plans to resume talks. What’s more, China retaliated the morning of May 13 by announcing tariffs on U.S. goods being imported to China.

Continued

Comments Off on Talking tariffs: New tolls threaten to further strain U.S.-China relations

Brexit: The consequences of economic policy uncertainty


Global Market Strategist, Invesco Ltd.
May 6, 2019
Subject | Industry views | Institutional | Invesco | Macro views

Economic policy uncertainty has for decades been recognized by economists as having the potential to negatively impact economic growth. In 2015, economists Huseyin Gulen and Mihai Ion found that economic policy uncertainty has a strong negative correlation to business investment.1 This built on previous research from the 1980s that showed that high uncertainty gives firms an incentive to delay investment decisions, especially in situations where reversing an investment decision can be costly.2

Continued

Comments Off on Brexit: The consequences of economic policy uncertainty

Bank of Canada shifts back to data dependency


Senior Portfolio Manager, Head of North American Rates Portfolio Management, Invesco Fixed Income
April 24, 2019
Subject | Invesco | Macro views

The Bank of Canada (BoC) left the target rate unchanged at 1.75% at Wednesday’s meeting. While the outcome was expected, the tone of the statement was certainly on the dovish side.

Continued

Comments Off on Bank of Canada shifts back to data dependency

Looking for clues on growth


Global Market Strategist, Invesco Ltd.
April 22, 2019
Subject | Invesco | Macro views

In the past several months, we have seen central banks make an abrupt turn toward a more dovish monetary policy stance. The initial assumption by markets was that this was a decisive turn. However, more recent communications suggest otherwise. As doubts about economic growth continue to grow, so does uncertainty about the path of policy.

Continued

Comments Off on Looking for clues on growth