With the U.S. on the edge of recession, not all economists are pessimistic
Weakening demand for resources has important ramification for resource-laden equity markets
But risk of domestic recession low
Asset allocation switches to cash
Investment managers divided on prospects for energy and materials sectors
Fallout of the subprime crisis to reverberate through financial markets
Canadian, U.S. central banks to cut interest rates by 75 to 100 bps
Oil prices forecast to hit US$150 a barrel within the next five years
Volatile dollar is here to stay
The current volatile market can be a buying opportunity, according to Bob Haber, portfolio manager at Fidelity Investments Canada. “We’ve entered into a more trading-oriented, bifurcated market and in order to take advantage of the volatility and put it on your side, buy when things are down and all the reports are about the end […]