Commentary

Silicon Valley Bank and U.S. Regional Bank Fallout – What it means for Canadian investors

March 15, 2023

Canadian markets turned volatile recently due to bank runs in the U.S. Despite the market turmoil, we encourage Canadian investors to stay invested. While bank runs may have limited direct impact on Canadian economy, the U.S. Federal Reserve’s interest rate decision could dictate the tone for Canada.

Why it’s vital to consider low probability investment risks

February 28, 2023

At times, investors tend to underestimate risks that seem unlikely to happen. But potentially high impact risks that have a low probability of occurring are important to consider while building and managing portfolios. Here is a list of such risks that markets could encounter in the short to medium term.

Why interest rates may stay higher for longer than markets expect

February 15, 2023

2023 has just  begun, but so far inflation and interest rates continue to dominate business headlines. Central banks around the world are deliberating what to do next after relentlessly raising interest rates to fight off the highest inflation we’ve seen in the last 30 years. Rate hikes have affected all asset classes and left investors with few places to hide. Inflation, although likely passed its peak, remains elevated and it could be a while until it’s under control.

Q4 2022 | Market Update

January 13, 2023

Rapid interest rate hikes reset valuations for major asset classes in 2022. We expect the focus to turn to concerns about growth and earnings slowing down in 2023. 

Bonds: the worst is behind us

December 21, 2022

After a horrendous 2022, bonds look poised for a better year in 2023. We think high quality bonds and their income potential could help portfolios overcome volatility in the year ahead.

2023 corporate earnings may be in trouble as consumers lose confidence and inflation fades

December 07, 2022

Following the pandemic, most consumers face soaring living costs, job uncertainty and declining home and/or portfolio values. It’s clear that our economy is confronting a big headwind.

Housing and jobs data point to a looming recession

December 02, 2022

Christine Tan, Portfolio Manager , SLGI Asset Management Inc., discusses how the risk of a recession is now elevated due to a slowdown in housing and a declining consumption as consumers feel the pinch of inflation and higher interest rates. 

Has inflation peaked and what now?

November 24, 2022

As inflation is top of mind this year and many ask themselves whether or not it has peaked, we are likely transitioning to a environment where economic slowdown becomes the main narrative, explains Chhad Aul, Chief Investment Officer & Head of Multi-Asset Solutions, SLGI Asset Management.

As the Bank of Canada slows the pace of rate hikes, high quality bonds may offer a haven

October 28, 2022

Following the central bank’s smaller than expected rate hike, we favor high quality bonds as Canada’s outsized housing sector and ballooning consumer debt test its aggressive tightening efforts.

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