Central bank rate cuts prompted broader-than-usual growth among equities. Find out what the IG Investment Strategy Team thinks in the Q3 2024 Market Review.
Despite economic data giving mixed messages, equities hit all-time highs. Find out what the IG Investment Strategy Team thinks in the Q2 2024 Market Review and Mid-Year Commentary.
It’s Spring, and green is showing up everywhere. Is it a trader's dream or a signal of caution? In the past quarter, the S&P 500 Index, the benchmark for U.S. equities, achieved 24 new all-time highs; it’s climbed over 20% in the last six months without a visible drawdown in sight. This might spark a contrarian thought: Surely, this cannot be sustainable. Initially, we shared this instinct. Yet, upon examining the data and history as precedent, well, we learned to stop worrying and love the rally. Or at least, trust it, along with the fundamentals supporting it.
The 2024 federal budget tabled by Finance Minister Chrystia Freeland on April 16 contained several proposals that will impact the financial, tax and estate plans of Canadians. The following is a summary of the most relevant budget proposals that may impact Canadians.
The final quarter of the year saw a rally in most asset classes and sectors, with both stocks and bonds increasing. The markets aggressively priced in an economic “soft-landing”, which impacted valuations across the board.
As we wave goodbye to 2023, we can also expect to bid adieu to some of the key events of the year that made it especially challenging for the markets. The central bank interest rate rises, which brought about a mini banking collapse early in the year, appear to have come to an end, while inflation is moving toward target levels.
In the third quarter of the year, higher interest rates and U.S. Treasury yields had a significant impact on U.S., Canadian and international equities.
If you die without leaving a will, it could become a major headache for your family members and loved ones. With no will, the government will decide on who gets your money and assets, and every province and territory have their own distinct intestate rules regarding who will benefit from your estate.
And are you one of the 32,000 Canadians who’ll have to pay it? Many Canadians haven’t heard of the alternative minimum tax (AMT), which isn’t surprising when you discover that only a small percentage of Canadians typically pay AMT annually. The AMT came into the news recently when the federal government announced significant changes to it in the 2023 budget (which will come into effect in 2024). Let’s take a look at what the alternative minimum tax is, how it works, who it might affect and the impact of those changes.
In the second quarter of the year, U.S. equities performed strongly, there were mixed results for Canadian and international equities, bond yields rose, and interest rates continued to climb.
On Tuesday March 28, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland presented the 2023 federal budget, which contains several measures of interest to IG Wealth Management and its clients.
Looking ahead to 2023, we’re feeling more optimistic towards both the equity and fixed income markets (we’re confident they’ll soon come out of their troughs). At the same time however, the probability of an economic recession in Canada and the United States is more likely. We also expect to see peaks in inflation, interest rates and economic activity.