ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
September 9, 2022 | The Bank of Canada Says Full Speed Ahead
The Bank of Canada increased its policy rate by 75 basis points on Wednesday. It also stated that the fight to contain inflation is likely to last for some time. You could imagine them saying, “damn the torpedoes, full speed, go ahead.” How much pain will higher rates cause? The Governing Council of the Bank […]
September 2, 2022 | Junk Bond Prices Have Collapsed
Junk bond prices have collapsed, losing more than 15 percent of their value this year. But the push to higher rates by central banks and the possibility of a deep recession point to a much deeper adjustment during 2023. This will create some great opportunities for stock and bond investors. This chart shows how […]