Previewing the BoC's upcoming rate decision – Sri Tella and Lee Ormiston
Listen now
Description
Portfolio Managers Sri Tella and Lee Ormiston join the show today for a look at the factors influencing the bond market landscape. Sri and Lee note that Canada's recent inflation rate slowdown, coupled with global economic trends, is influencing discussions about potential rate cuts by the Bank of Canada, and explore the broader implications for bond market dynamics. The conversation covers various factors affecting bond markets, including the housing market's response to rate changes, provincial bonds' attractiveness for investment, and Sri and Lee provide insights into different sectors like financials, telecom, and real estate. They also touch on their perspectives on the yield curve, inflation expectations, and the possible pace of rate cuts by the bank of Canada, as well as the implications for the Canadian dollar and the broader economy, emphasizing the importance of considering market signals and economic data before making decisions.    Recorded on May 29th, 2024.   At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For the third year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2023 Environics’ Advisor Digital Experience Study.
More Episodes
In this episode, we speak to Director of quantitative market strategy Denise Chisholm as she provides her insights on what sectors to keep an on eye on plus what recent data point are telling us about the current market environment. Denise believes we have experienced what she calls a very...
Published 06/22/24
North American equity markets opened mixed this week, and U.S. treasury yields ticked  higher. Over the weekend, the Minneapolis Fed President teased that the central bank may not cut rates until December. To unpack this, joining the show today to share his latest market thesis is Fidelity...
Published 06/21/24
Published 06/21/24