2022 was a tumultuous year for investors, to say the least. Markets around the world were affected by high inflation, rising interest rates, and concerns about slowing economic growth in 2023.
At the beginning of the year, we expected the start of a rate tightening cycle by global central banks. What we hadn’t expected was above-average interest rate increases, the invasion of Ukraine and its impact on energy and food prices, and supply chain disruptions caused by the zero-COVID policy in China...
[Manulife Investment Management] Not all bear markets are the same. A bear market is defined as a decline of 20% or more from the most recent peak. As of the time of writing, we’re in a bear market in many equity markets around the world...
Although the BOC has outpaced the Fed in tightening thus far, we believe policy rates will ultimately be lower in Canada than other DM economies over the secular horizon. There are several reasons for this thesis. Read to find out more.
March 2022 The U.S. Federal Reserve increased interest rates for the first time in more than three years and has indicated that they plan on increasing rates in subsequent meetings, depending on the data. Here is our take. [Manulife Investment Management]