Todd Mattina, Chief Economist and Strategist on the Mackenzie Asset Allocation Team, discusses macroeconomic conditions and the Trump reflation trade.
The Mackenzie Tour – PGA TOUR Canada and Mackenzie Investments has announced that the Mackenzie Investments Open, an official 72-hole event, will take place at Les Quatres Domaines Golf Club as part of a multi-year agreement starting in 2017.
2016 contribution receipts were mailed on January 12 and made available on InvestorAccess and AdvisorAccess on January 11. Additional tax receipts will soon be available. Find out more.
February 13, 2017 Bookmark the Web Page, 2016 Tax Receipts Add to My Bookmarks
In their latest white paper, the Mackenzie Cundill Team argues that we are in the early days of a multi-year reversion to value. Find out more about their rationale.
Most major global equity markets delivered positive returns over the quarter, in a post US election rally. Fixed income markets, conversely, saw a sharp sell-off. In our view, although market valuations appear to be higher than long term historical averages, they remain within reasonable ranges, given the low level of inflation and interest rates globally.
The fourth quarter of 2016 showed positive market returns in each of the three months, which was unexpected due to the tremendous uncertainty entering the US Presidential Election. The markets cheerfully welcomed President-Elect Trump, with the S&P 500 rallying 3.8% from the election to the end of the year.
Central Banks have given us a lot to think about over the last few years with respect to yield curves and positioning fixed income portfolios.