Avery Shenfeld, CIBC’s Chief Economist, discusses planned actions on climate change and a proposed tax on high income earners.
Banks, insurers and green energy companies may be affected by new policies.
Investors may see two Fed hikes next year.
Damage from Delta may be limited, economist says.
Plan for a gradual increase in interest rates, chief economist says.
Listen to the full podcast #1, on AdvisorToGo, powered by CIBC. Listen to the full podcast #2, on AdvisorToGo, powered by CIBC.
Q1 contraction will give way to investing opportunities.
Avery Shenfeld, CIBC Chief Economist discusses how the outcome may soon lead to a scaled down version of a U.S. stimulus bill. He also talks about how Canadian energy companies may benefit and how the coronavirus remains the number one economic threat.
Low yields require investors to adjust their portfolios and expectations.
Avery Shenfeld discusses the Fed’s new interest rate policy, which aims to average inflation at 2%. He cautions this could cause investors to switch from bonds to other assets, and that the housing market may soon slow down.