Taking advantage of corporate bond spreads
Improving company balance sheets will help provide yields higher than those of government issues
- By: Andrew Allentuck
- January 26, 2010 January 26, 2010
- 11:32
Improving company balance sheets will help provide yields higher than those of government issues
Rising demand for natural resources and consumer goods will fuel expansion
Money managers say even modest economic growth could create a strong rebound in some European equities
Outlook 2010
Money managers see a bright future for Asian markets, where global fluctuations matter less as consumer spending increases
Tim Hortons, Thomson Reuters are among picks for 2010; money managers are bullish on industrials, wary of telecoms
IT, health care and consumer goods are among the sectors favoured by analysts for the year ahead
Don’t expect a repeat of last year’s dramatic rise in Canadian bank stocks, money managers say; growth will be slow but steady
Opportunities abound as government stimulus, the growing middle class and domestic consumption fuel China’s economy
But several factors exist that may result in declines to the prices of key commodities
Changes to capital adequacy requirements, compensation and ways of dealing with major bank failures are at the top of the list
For Canadians, a major question is whether high resources prices will keep pushing the loonie upward vs other currencies
But global money managers are unsure of what will happen in the year ahead
Investors seek healthy balance sheets
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