Mackenzie Resource Team sees investor opportunities in the shift from inefficient, polluting resources to sustainables. Climate change is forcing leading economies to make big decisions that could have a historic impact on resource sectors.
In today’s challenging environment for global commodity prices, conventional valuation measures may not be the most effective in selecting resource stocks. In this paper, we examine the application of sustainable Free Cash Flow analysis for companies with high capital intensity.
September 1, 2015
While US equity markets continued their near-linear upward trajectory, emerging markets and the resources sector experienced a substantial set-back during Q3/2018.
Global growth continued into the second quarter with the United States and China leading. Despite a negative overhang from contentious trade disputes, the US looks as though it will post solid growth rate for Q2.
Synchronized global growth persisted through the first quarter of 2018 despite some moderation in growth rates from elevated levels in late-2017.
Synchronized global economic growth firmed through all four quarters of 2017. We believe growth could accelerate in 2018 to nominal growth rates not seen since the 2000s.