Startseite
Podcasts
In the Money with Amber Kanwar Podcast
Bond Bull in a Bearish World: Why This Investor Sees Opportunity for Canada Amid Tariffs

Bond Bull in a Bearish World: Why This Investor Sees Opportunity for Canada Amid Tariffs

In the Money with Amber Kanwar vor 1 Jahr

0:00

39:11

Podcast

In the Money with Amber Kanwar

179 Episoden

In the Money with Amber Kanwar brings you actionable ideas from top money managers to help you make profitable decisions.

Geschäftswelt Finanzielle Dienstleistungen Wirtschaft

Podcast aneignen

Earl Davis is optimistic—and that's rare for a bond investor. In
this episode of In the Money with Amber Kanwar, the Head of Fixed
Income at BMO Global Asset Management shares why he believes both
the U.S. and Canadian economies are stronger than many think—and
why fears of an imminent recession are overblown.

Davis explains why inflation isn’t heading back to 2% anytime
soon, and instead may stabilize at a higher range of 4–5%. He
also dives into the outlook for interest rates—why the Federal
Reserve might still cut this year even if it shouldn’t, and why
elevated rates could be the new reality for years to come.

He breaks down what’s really driving markets right now, from
tariffs and deficits to Japanese bond yields and central bank
policy. Most importantly, he explains how to position your
portfolio in a world of sticky inflation, persistent government
spending, and shifting global dynamics.

Plus, Davis shares his top bond picks—including two
investment-grade corporate bonds (Fairfax and Enbridge) and a
high-yield name in the defense sector with a 9% coupon.

If you're trying to figure out how to invest in today's bond
market, make sense of the rate outlook, or understand where
inflation is really headed—this is the episode for you.

Timestamps

00:00 Show Intro

01:30 The lingering effects of the pandemic: deficits and
inflation

03:10 Earl’s high-level view on inflation: it’s going
higher

08:15 Why Earl thinks the Fed will cut at least once this year,
even though he thinks they shouldn’t

10:15 How to position in this type of environment

11:55 Can tariffs be deflationary?

14:00 What happens if there’s a new Fed president?

15:45 What about the bond vigilantes?

17:45 Why Earl believes the bond market is trading off of
Japan

20:40 What about Canada’s economy?

23:15 Why growth in Canada could surprise to the upside this
year

26:30 Why the Fed and Bank of Canada will move their inflation
targets higher

27:30 Why Earl thinks the housing market is not a headwind but a
tailwind for Canada

29:40 What about immigration?

30:45 Earl can’t remember ever being this optimistic

32:15 Earl’s Pro Picks

38:20 Goodbye & coming up

Sponsors

This episode is sponsored by BMO InvestorLine. Learn more at
https://wealth.bmo.com/wealth/onboard/onlineinvesting/#/set-expectation?lang=en&ecid=pr-2886232INV1-JNBMO20

For over 25 years, Raymond James has been helping Canadians
achieve their financial goals. Visit raymondjames.ca today to
discover how you can live a life well planned.

Pro Picks is brought to you by ATB Financial. Visit
ATB.com/inthemoney for more information.

Links

https://inthemoneypod.com/

https://instagram.com/inthemoneypod

https://facebook.com/profile.php?id=61569721774740

https://twitter.com/inthemoneypod

https://tiktok.com/@inthemoneypod

questions@inthemoneypod.com

DISCLAIMERS

The information provided in this podcast is for informational
purposes only and does not constitute financial, investment, or
professional advice.The views expressed by the host and guests
are their own and do not necessarily reflect the opinions of any
organization or company. The host and guests may maintain
positions in any securities discussed on the podcast. Always
consult with a qualified financial advisor or professional before
making any investment decisions.

FIND BMO DISCLAIMERS HERE:
https://www.bmo.com/en-ca/main/personal/investments/direct-investing/investorline/itm-pod-disclaimer/

In the Money delivers expert stock picks, actionable ideas, and
timely money management tips. Hosted by business journalist Amber
Kanwar, each episode features interviews with top portfolio
managers who suggest ways to achieve good returns. Covering
everything from ETFs and Canadian stocks to global investing
trends, dividend strategies, and risk management, this show is
made for DIY investors, stock market enthusiasts, and anyone
looking to sharpen their financial strategy.

Contact: questions@inthemoneypod.com

#IntheMoney #Investing #StockMarket #CanadianInvesting
#FinancialNews