As investors turn their attention to the outlook for the global economy and financial markets next year, it’s important to keep a focus on the long term.
Responding to investors’ interest in the green economy.
December 10, 2020
Dividends can be an important component of investment returns over the long term. They are often more stable than stock price performance and can help buoy a portfolio in years when market returns are negative. When a company can consistently increase its dividend over a longer period of time, it is often a signal the business is able to profit through different market environments.
December 2, 2020
The Global Equity & Income team at Mackenzie Investments seeks to identify great business models wherever they exist around the world. Whether it’s a company in one geography replicating what we know has worked in another region, or an emerging market business model that leapfrogs a western model due to a lack of legacy assets, we endeavour to find them.
December 2, 2020
The US Presidential election of 2020 has been, without a doubt, one of the most important geo-political events in recent times. Hanging in the balance are a number of near-term issues that are of significant importance to investors, including the direction of our response to the ongoing global health crisis (COVID-19) and economic priorities (examples being personal and corporate tax policy and fiscal policy stimulus initiatives).
November 9, 2020
When the pandemic is finally behind us and essential crisis relief programs can be safely tapered off, governments will need credible multi-year plans to reign in public debt. Mackenzie’s Chief Economist Todd Mattina and Economist Jules Boudreau call for growth-friendly policies to reduce budget deficits post-pandemic.
October 5, 2020
As a result of the pandemic and other economic factors, low interest rates appear poised to persist. Investors may need to shift their focus on long-term asset allocation to satisfy their retirement income needs. Economists Todd Mattina and Jules Boudreau have ideas for you to consider.
September 8, 2020
The concept of “buy low and sell high” sounds attractive, but it can be difficult to follow due to the unpredictable nature of shortterm market prices. To take advantage of these changing prices, one effective investment strategy is dollar-cost averaging (DCA).
September 1, 2020
The Canada Emergency Response Benefit (CERB) is available to Canadians who have stopped working due to COVID-19. There is a good chance you have clients who are eligible for the CERB and could benefit from it.
September 1, 2020
Yields, Liquidity and Asset Prices: Implications of Prolonged Central Bank Easing for Multi-Asset Portfolios
Near zero risk-free rates are expected for a prolonged period, supporting higher yielding assets. Mackenzie’s Chief Economist Todd Mattina discusses how shifting asset yields and liquidity conditions impact multi-asset portfolios.
August 7, 2020
The Laurentian Bank Group of Funds listed in the attached Exhibit “A”, relying on the Decision of the Ontario Securities Commission dated April 15, 2020, (the “Decision”), will delay the filings of annual financial statements and audit’s report, annual management reports on fund performance and certain other filings, as described in more detail below for up to an additional 60 days due to the disruptions caused by COVID-19.
June 25, 2020
On March 25, 2020, the government announced a set of economic measures - worth $82 billion - to help stabilize the economy during this challenging period.
March 25, 2020
Economic recessions happen from time to time and may challenge an investor’s discipline. However, the good times (economic expansion) last much longer than the bad times (economic recession). Remain focused on your long-term financial goals and accept that recessions are part of the economic cycle that will eventually run their course.
When markets decline, it’s tempting to sell and wait for stability before jumping back in. But it’s virtually impossible to know when markets will rebound. Trying to time the market by buying a GIC may sometimes look like a smart move, but your long-term investment performance will likely be worse than if you had simply stayed invested through the bad times.
It’s human nature to be more emotionally sensitive to falling markets, but it’s not always logical. It’s natural for markets to move up and down over time, and the average length of a rising (bull) market is much longer than a declining (bear) market, where gains in a bull market often far exceed losses in a bear market.
The S&P 500 Index has delivered an annualized return of 11.21% since 1950 and has proven to be resilient through the worst market conditions. Over the same period, there have been instances where the market experienced significant declines. Yet as seen below, each time the market recovered and achieved a higher level. Staying the course is of the utmost importance during periods of volatility as it enables investors to fully recover from these periods and achieve their long-term investment goals.
March 20, 2020
The worsening coronavirus outbreak and oil price war have sharply increased financial market turbulence. The number of coronavirus cases is expected to rise sharply over coming weeks in North America and Europe based on the views of respected epidemiologists. Even if fatalities remain low, essential measures to contain the virus are expected to disrupt global supply chains and weaken consumer confidence.
March 12, 2020
On March 10, 2020, Québec Finance Minister Eric Girard has published the Québec budget for the period of 2020-2021. This budget is said to be balanced and focuses on measures related to the culture, the province’s goal toward a green economy and Quebecers wellbeing.
March 10, 2020
Global equity markets traded sharply lower on Monday with no major equity market avoiding the down-draft. In fact, the selloff was so severe early in the trading session that circuit breakers kicked in and trading on the S&P 500 was halted temporarily when losses reached 7%.
March 9, 2020
Financial market volatility picked up sharply in February as the COVID-19 coronavirus spread internationally. Investors had been expecting a transient economic slowdown centred in China and the Asia-Pacific region followed by a V-shaped bounce later in 2020, which would have limited the full-year global impact.
February 27, 2020
With a number of geopolitical issues (most notably, trade disputes), heightened market volatility, concerns about recession and diverging monetary policies from central banks around the world, 2019 was an eventful year for investors.
To help you make sense of what happened in the past year and how to put all of the economic and market activity into context, Paul Taylor, Vice President and Portfolio Manager on the Mackenzie Multi-Asset Strategies Team, provides a comprehensive review of 2019:
- How equity markets fared globally, and what were the main drivers of performance
- What happened with interest rates on a global basis, and how bond markets were affected
- An insightful look at the notable movements in the currency and commodity markets
January 10, 2020
The last few weeks have seen a considerable increase in talk about a potential U.S. recession, largely as a result of the inversion in the yield curve. As we have written in previous notes, we are generally not ready to forecast a U.S. recession, believing instead that headwinds in the manufacturing sector will be matched by improvements in personal consumption and housing as well as Fed easing.
August 15, 2019