The current volatility we are witnessing in markets reminds us of what was experienced in the first quarter of this year. In February, it was a higher-than-expected wage growth number in the U.S. Employment Situation Report which led to a sharp increase in Treasury bond yields, unleashing higher cross-asset volatility. In a sense, the current situation is relatively similar: Strong upward revisions to the September non-farm payrolls gave us another move toward higher Treasury bond yields.
Mackenzie Investments celebrates UN International Day of the Girl with Women’s Empowerment Principles and UNICEF Canada partnership
Today, on UN International Day of the Girl, Mackenzie Investments celebrates its support of the advancement of gender equality, through its corporate commitment to the UN Women’s Empowerment Principles, a new partnership with UNICEF Canada and through the products it offers investors to affect change.
Arup Datta, head of the Mackenzie Global Quantitative Equity Team, shares his short- and long-term outlook on emerging markets.
Mackenzie lowers pricing on 14 ETFs and 7 mutual funds while adding tiered pricing for RDSP accounts
Mackenzie Investments strengthened its pricing commitment today for investors by further enhancing and simplifying its pricing structure and announcing additional fee reductions.
Equity markets were strong in the second quarter, rebounding from the sharp drop at the end of the first quarter. On a year to date basis, despite considerable volatility, developed markets are relatively flat. The overall economic backdrop continues to be supportive, with corporate earnings rising, which should be reflected in stock prices over time.
Global capital markets in the second quarter have been dominated by continued threats of trade war, political uncertainty in Europe and developments in the energy markets.
The first half of 2018 presented investors with potential reasons to be either optimistic or uncertain about markets looking ahead. On the one hand, the domestic growth story in the US seems to be relatively strong, braced by the tax cuts, fiscal, and deregulation agenda put in place by the Trump administration.