We are joined by BMO's chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don't expect bond yields or fixed mortgage rates to budge. Inflation is nearly defeated in Canada but not in the US. Weak investment in Canada will continue with capital gains increases.

Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8

BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.

BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)

This material is for information purposes. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Particular investments and/or trading strategies should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.

®/™Registered trademarks/trademark of Bank of Montreal, used under licence.

“This video has been sponsored by BMO ETFs. Steve Saretsky (or The Loonie Hour) is compensated under this arrangement by BMO ETFs.”

Listen to The Loonie Hour on your favourite podcast platform:
The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d...
The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast...

#TheLoonieHour #Macroeconomics #PersonalFinanceCanada