The Bank of Canada’s decision to raise its benchmark interest rate to 1.5% came as no surprise, says host Philip Petursson, Chief Investment Strategist for IG Wealth Management...
The Bank of Canada’s decision to raise its benchmark interest rate to 1.5% came as no surprise, says host Philip Petursson, Chief Investment Strategist for IG Wealth Management.
A2018 IMF research paper concluded that economists tend to miss predicting recessions, just as they tend to miss strong economic booms. Yet recessions don’t just happen out of the blue, they’ve historically been preceded by certain economic conditions. Listen in as Philip Petursson, Chief Investment...
“I’m not talking about the beloved lake loon of cottage country, rather the Canadian dollar, which should be soaring alongside the price of oil, but seems to have lost its wings. What is happening to the loonie?”
“Corrections are uncomfortable. They’re supposed to be: They shake investor’s confidence and test their resolve, resetting expectations along the way,” ...