Is it any wonder some fear inflation could be a problem … This latest Chinese inflation reading: the highest in 12 years (9% ouch). That said, interestingly, US 10-year yields have actually been retreating lately … suggesting fewer worries here, respectively greater acceptance of that “transitory inflation” notion. Will that…
By Credo Consulting ETF Insight Releases
“The Economy continues to expand, continues to rebound, said Quincy Krosby, Chief Market Strategist at Prudential Financial … Americans are travelling by car, travelling by air, and that’s reflected in the oil prices”. June 3, 2021 = Delta (DAL) foresees business travel ‘renaissance” as airlines tally leisure rebound. Read More…
By Credo Consulting Releases
Vanguard Canada’s AUM (ETFs) as at May 31, 2021 stands at an estimated CAD 39.2 Billion, up 23.5% from December 31, 2020, respectively 51.2% y/o/y. (Net inflows y/o/y represented 63.4% of AUM growth, the remaining 36.6% reflecting performance gains). As noted recently, the pace of AUM growth at Vanguard has…
By Credo Consulting ETF Insight
BMO ETFs’ Assets Under Management as at May 31, 2021, are estimated to have risen by some 2.4% from the end of April, respectively 8.7% from the end of 2020 (Total AUM May 31: CAD 80.6 Bn) For May, we estimate net new creations to have brought in 69% of…
By Credo Consulting ETF Insight
With many commodity prices having risen sharply in the past year, and the prospect of above-average economic growth spurred by excess(ive) liquidity, respectively pent-up demand, as well as earlier production curtailments, inflation data is continuing to capture its fair share of headlines. Pictures such as this one … obviously capture…
By Credo Consulting ETF Insight
Some Kind of Triggering Economic Event … Having done a great job of fanning the great Canadian real estate “bubble”, the Bank of Canada now warns of risks as far as potential negative feedback effect, in the event of a “triggering event”. Are they trying to pre-emptively…
By Credo Consulting ETF Insight Releases
At least have a conversation about it … Monday … A Goldman Sachs report suggested that 5 tech stocks that have surged by $ 5 Trillion (!!!) in value could get hammered as the Biden Administration seeks various tax increases. Needless to say … as a result, the week didn’t…
By Credo Consulting ETF Insight
Priced-in Perfection? (TWTW – May 3-7, 2021) This week had it all, in my books! WealthSimple (Simple if you are WealthSimple?) To wit – has Canada’s financial space gone “SPAC tactics”? Call Justin, someone, please! Ok, not Justin T, the PM, no, the Bieb! That’s probably now what it’s going…
By Credo Consulting ETF Insight
Vanguard Canada is Canada’s 3rd largest (and sole independent one amongst the largest 3) ETF providers. As of the end of April 30, 2021, AUM across the firm’s ETF offered aggregates to slightly over CAD 38 Billion, up from marginally over CAD 25 Billion as of 12 months ago, an…
By Credo Consulting ETF Insight
Sell in May … Go away? (TWTW – April 26-30, 2021) Naturally, I am being cheeky with that title … wish it were that easy – don’t you? Seasonality: For those of us who have been in the business a while (most of us, presumably …), the concept, or rationale…