Mackenzie Investments reposted this
With inflation falling to 2.7% in June, still above the 2% target, Dustin Reid, chief fixed income strategist at Mackenzie Investments, expects a rate-cutting cycle influenced by tame inflation and negative business sentiment. https://hubs.la/Q02GZsQH0
ETF insights: https://mackenz.ie/3YH0DU4 As rates are poised to fall, many ultra-short duration bonds are still trading at a discount. That makes an #ETF like QASH an attractive option for cash.
Economic update: https://mackenz.ie/4dFXLex The Canadian economy has been on the brink of a recession for the past year, underperforming its peers. Could a weaker Canadian dollar boost the economy and lead to sustainable growth? Jules Boudreau weighs in.
The Mackenzie Charitable Foundation brought together an incredible community of supporters during our Party with a Purpose event. With over 300 attendees at the Blue Jays game and at our social gathering, we collectively raised over $15,000! This remarkable amount will be distributed to our two partner charities, The Teresa Group and Gilda's Toronto. These organizations have been consistent allies of our foundation for over two decades, and we’re proud to support their work. As we celebrate our foundation’s 25th anniversary, we thank everyone who attended, donated, and supported the cause. #MackenzieCharitableFoundation
