Outlook 2015

Oil prices fuel volatility; all eyes on U.S. interest rates; resources swoon; and much more. How the economy and investments will perform in the year ahead. From the Mid-January 2015 issue of Investment Executive newspaper.

January 14, 2015

Sluggish growth weighs on Europe

Given the weakness in the region's economies - plus the risks they face on several fronts - the overall sentiment on European equities is negative. Thus, many valuations are depressed

  • January 15, 2015 November 6, 2019
  • 00:00

Keeping the recovery going

The U.S. is one of the brighter spots among world economies. But with a sharply rising currency and markets nervous over the effects of plummeting oil prices, much may depend on how the Fed fine tunes interest rates in the year ahead

  • January 15, 2015 November 6, 2019
  • 00:00

Disinflation is a good thing

Financial markets are worried about deflation, particularly in Europe but also elsewhere. In the U.S., the combination of steep drops in oil prices and a rising U.S. dollar (US$) lowers the cost of imports, keeping the rate of inflation low. However, global portfolio managers and strategists say these worries are exaggerated. Low inflation is not […]

  • January 15, 2015 November 6, 2019
  • 00:00

Regulators aim to finalize rules

Global financial regulators have made considerable progress in 2014 on reforms sparked by the 2007-09 global financial crisis. In the year ahead, regulators will continue to tweak those measures. At the most recent G20 meeting in November, Mark Carney, chairman of the Financial Stability Board (FSB) and governor of the Bank of England, declared that […]

  • January 15, 2015 November 6, 2019
  • 00:00

Corporate bonds call for caution

Although yield spreads for corporate issues over government bonds have tightened, the premiums still are attractive. But you and your clients must remember that when corporate bonds are stressed, they all suffer together

  • January 15, 2015 November 6, 2019
  • 00:00

Resources take a sharp dive

The drop in oil prices has precipitated a decline in energy stocks. However, they could rebound if oil prices begin rising. In contrast, no quick fix is expected for base-metal stocks, as demand is - and is likely to remain - sluggish

  • January 15, 2015 November 6, 2019
  • 00:00

2015 economic outlook: Rising rates and the U.S. manufacturing renaissance

Benjamin Tal, deputy chief economist at CIBC World Markets Inc., explains why fear is preventing interest rates from rising, and highlights investment opportunities in the U.S. stock market.

  • January 6, 2015 October 21, 2019
  • 13:55

What declining oil prices mean for Canada

Benjamin Tal, deputy chief economist at CIBC World Markets Inc., crunches the numbers on how the drop in oil prices will affect Canada -- province by province and sector by sector. Tal gives tips on how investors can position during the volatile ride of oil's dramatic decline.

  • December 22, 2014 October 21, 2019
  • 09:15