SPOTLIGHT: A Leg up on Rising Rates
Now's the Time to Plan for Higher Rates
are unanimous: Interest rates have nowhere to go but up. Now's the time for
you and your clients to prepare for the rate hikes that 2005 may bring.
Tips include: Locking the mortgage into a a fixed term; revisiting fixed
income investments; bracing for a pullback in income trust valuations. Read
Rob Carrick's full report.
Change of Leaders won't Mean Rising Rates Any Time Soon
What would a Democratic White House and a Minority Liberal Government in
Ottawa mean for investors? Well, the stock market would mourn the loss of one
of the most market-friendly administrations in U.S. history, as would the
Canadian economy. Read economist Jeffrey Rubin's take.
TAXES: Keeping Clients
CANADIAN MONEYSAVER: Trust Primer,
China Rolling Along
Income Trust Primer
For clients who are not familiar with how income trusts work, here's a
detailed breakdown of the risks, potential rewards, the various types of
trusts and the elusive concept of return of capital. Read Rachel Michaud's
report (in pdf format).
Developing A China Portfolio
Demand from China has pushed up global prices for a host of commodities,
including iron ore, aluminum, coal, cotton, nickel, petroleum, palm oil, and
steel. Will further growth also push up the valuations of companies that do
business in China? Read David Stanley's report (in pdf format).
TODAY'S PAPER: Rate Fears, Inflation
Rising Rates Won't Doom the Income Trust Sector
Fear of interest rate increases has been taking its toll on income trusts. But
talk to the money managers and analysts who follow the sector on a daily
basis, and the view is investors still haven't come around to the idea that
each trust is unique, and just like a stock needs to be judged on its own
merits. Streetwise columnist Andrew Willis explains.
Fears of Rising Interest Rates Trigger Sector Selloff
Fund Managers Say They're Worried About Inflation
Merrill Lynch & Co.'s latest survey indicates that global economic growth will
strengthen in the next 12 months, while commodity prices will flatten or
decrease. Read the survey results.
Managers Seen Tempted by Japan
Undervalued. That's how many global fund managers view Japanese stocks.
Thirty-eight per cent of respondents to Merrill Lynch & Co.'s latest survey
saw Japan as having the best corporate profit outlook. Read Angela Barnes's