Episodes
3 days ago
3 days ago
On this episode, Jules Boudreau, Senior Economist at Mackenzie Investments, discusses the potential impacts of a second Trump administration on US small caps. Jules highlights how US small caps are poised for potential growth, citing cheaper valuations, greater cyclicality, and higher leverage on balance sheets, but emphasizes the necessity of rate cuts and sustained US growth. Additionally, Jules examines the bond market’s reaction to increased government deficits under a Trump administration and explores the challenges facing the Canadian economy.
Further reading:
- The narrow window for small caps
This episode was recorded on November 15, 2024.
Tuesday Nov 12, 2024
Adam Gofton – The Ivy Approach to Long-Term Investing
Tuesday Nov 12, 2024
Tuesday Nov 12, 2024
In this episode, Adam Gofton, Portfolio Manager on the Mackenzie Ivy Team, discusses the team’s investment philosophy and approach to long-term investing. Adam emphasizes the importance of finding quality companies at reasonable prices and highlights how corporate culture, economic resilience, and a strong balance sheet are key factors to long-term success. He also explains why the outcome of the US election won’t result in any major changes to the portfolio, as the team continues to focus on investing in high-quality companies that can perform well across different environments.
This episode was recorded on October 31, 2024.
Friday Nov 08, 2024
Dustin Reid – Market Reactions to US Election Results
Friday Nov 08, 2024
Friday Nov 08, 2024
In this episode, Dustin Reid, Chief Fixed Income Strategist provides a comprehensive analysis of the potential economic and market impacts of President-elect Trump’s return to the White House. Dustin explores the implications of Trump’s proposed economic policies on supply chains, inflation, and the global economy, and expected focus on immigration and deregulation. Dustin also discusses the Fed’s recent rate cut, future monetary policy, and the challenges ahead.
This episode was recorded on November 8, 2024.
Thursday Oct 24, 2024
Dustin Reid – Analyzing the Bank of Canada’s Rate Cut Decision
Thursday Oct 24, 2024
Thursday Oct 24, 2024
In this episode, Dustin Reid, Chief Fixed Income Strategist, discusses the Bank of Canada’s decision to lower interest rates by 50 basis points and what investors may expect in the coming months. In China, recent stimulus measures have sparked both optimism and skepticism in the markets. Dustin provides his insights and the potential impacts on the global economy. Lastly, Dustin provides an update on the state of the US economy and explores how evolving dynamics in polling and betting markets ahead of the US election may influence market behaviour and various asset classes.
This episode was recorded on October 23, 2024.
Wednesday Oct 23, 2024
ETFs Explained: Debunking Common Myths and Misconceptions
Wednesday Oct 23, 2024
Wednesday Oct 23, 2024
Are active ETFs really just ‘lite’ versions of mutual funds? In this episode, Prerna Mathews, VP of ETF Product Strategy, and Chad Wood, ETF Strategist at Mackenzie Investments, debunk this and other common ETF myths and misconceptions. Their conversation also explores how ETFs are built, what can be included in them, and how they are brought to market.
Further reading:
- Your step-by-step guide to active ETF due diligence
This episode was recorded on October 16, 2024.
Wednesday Oct 09, 2024
Shah Khan – The Bluewater Approach: Investing in Durable Growth
Wednesday Oct 09, 2024
Wednesday Oct 09, 2024
In this episode, Shah Khan, Portfolio Manager and Co-Lead of Mackenzie Bluewater Team, discusses the team’s unique approach to investing emphasizing the importance of free cash flow as a key driver of growth. Shah also shares his insights on the current AI infrastructure build-out, the structural challenges facing China and its potential implications for the Canadian equity market, and how the energy transition is impacting oil demand.
This episode was recorded on October 3, 2024.
Friday Sep 20, 2024
Dustin Reid – Analyzing the Fed’s Bold Rate Cut Decision
Friday Sep 20, 2024
Friday Sep 20, 2024
Investors widely expected a rate cut from the Fed, but the bold decision to lower interest rates by 50 basis points took many by surprise. In this episode, Dustin Reid, Chief Fixed Income Strategist, delves into the Fed’s first rate cut decision since 2020, its future outlook, and how it could affect other central banks worldwide. Dustin also examines recent Canadian inflation data, highlighting signs of economic weakness compared to the US, and how this might influence the Bank of Canada’s future decisions. Lastly, Dustin touches on the upcoming US presidential election and its potential impact on economic policies, particularly regarding immigration and labour market dynamics.
This episode was recorded on September 19, 2024.
Tuesday Sep 17, 2024
Navigating Market Uncertainty With Low Volatility ETFs
Tuesday Sep 17, 2024
Tuesday Sep 17, 2024
In times of heightened market uncertainty, low volatility ETFs have increased in popularity. But can they help advisors manage risk without sacrificing their clients’ equity exposure? In this episode, Prerna Mathews, VP of ETF Product Strategy, and Nicholas Tham, Portfolio Manager on Mackenzie’s Global Quantitative Equity Team, explore the concept of low volatility ETFs, their performance, and common misconceptions. Nicholas highlights the team’s unique approach and investment process behind Mackenzie’s suite of low volatility ETFs. Lastly, Prerna and Nicholas share advice on how advisors can discuss low volatility ETFs with their clients.
This episode was recorded on September 5, 2024.
Friday Sep 13, 2024
Benoit Gervais – Generating Alpha Within the Resource Sector
Friday Sep 13, 2024
Friday Sep 13, 2024
In this episode, Benoit Gervais, Portfolio Manager and Head of Mackenzie Resource Team, discusses the current state of the resource sector and provides his short and long-term outlook and trends on the commodity complex. Benoit shares his advice on managing exposure to the resource sector within a Canadian equity allocation, highlighting the importance of diversification and potential for alpha generation.
This episode was recorded on September 6, 2024.
Tuesday Sep 10, 2024
Lesley Marks – Mixed Signals: Unpacking Jobs Data and Market Trends
Tuesday Sep 10, 2024
Tuesday Sep 10, 2024
In this episode, Lesley Marks, Chief Investment Officer of Equities, discusses the latest US non-farm payroll report, unpacking its mixed results and the implications for the Fed’s upcoming moves. Lesley also examines the Bank of Canada’s recent 25 basis point cut, exploring how it fits within the broader Canadian economic landscape. Lastly, Lesley previews the upcoming US presidential debate, offering insights on key economic policies to watch for.
This episode was recorded on September 9, 2024.