Ted’s Macro View – Trump Trade Evolves: Global ETFs Portfolios for Canadian Investors

Leading global ETF performers evolved in 1Q17 that reflected, in part, the markets’ changing assessment of Trump’s ability to implement his election promises Source: Ted Carmichael Global Macro The first quarter of 2017 is in the books, so it’s time to review the performance of our global ETF portfolios. The quarter kicked off with the inauguration…

Read More

Why the Refinancing Slowdown Matters for the Fed

The Fed is expected to slow down their purchase of agency mortgage-backed securities thanks to the refinancing slowdown Source: The Wall Street Journal The Federal Reserve has been buying up fewer mortgage bonds in recent months thanks to a flameout of the American refinancing boom, one factor that economists say is likely to help shape Fed…

Read More

Wattpad, Wealthsimple and Overbond Join The Upside Foundation’s 150×150 Challenge to Canadian Startups to Give Back

 Over 75 Canadian startups have already pledged to donate equity to charity. TORONTO, ON, April 4, 2017 — Today The Upside Foundation, a national charity that makes it easy for early-stage or high-growth Canadian companies to give back in a meaningful way, announced the launch of their campaign, 150×150: Turn Equity Into Charity. The campaign…

Read More

Overbond featured in MaRS Canada’s Fintech Landscape Infographic

Source: MaRS blog: A 5-year look at fintech in Canada [infographic] Fintech companies in Canada are reimagining how we access and spend our money, as well as changing the way that banks and financial organizations interact with consumers. And investors are buying into their innovative solutions. From bank account security software that uses biometric identification…

Read More

Fintech Platforms Help Regulatory Compliance

Overbond featured in Global Risk Regulator analysis as fintech platform that enhances regulatory compliance and regulatory reporting capabilities for primary bond market participants Source: Global Risk Regulator The market structures that help to mitigate systemic risk could be under threat if financial technology (fintech) firms become too successful too quickly. In a speech given to a…

Read More

Canada to sell record amount of bonds — $142 billion — to fund budget’s deficit-fueled spending promises

Canada’s federal government will issue $142 billion of bonds next fiscal year, $7 billion higher than the previous year’s record, to finance its growing budget deficit Source: Financial Post The amount eclipses the previous year’s record of $135 billion, which was revised up from a projected $133 billion. The bulk of the issuance will be in…

Read More

Chinese Bonds could Trigger ‘Tremendous’ Demand from Wall Street

Foreign investors own just 1.2 percent of China’s $9 trillion bond market, but Wall Street’s attitude toward Chinese bonds may soon change Source: CNBC Suddenly, Wall Street is getting more serious about investing in Chinese bonds. The “potential demand is tremendous,” Rick Rieder, global chief investment officer of fixed income at BlackRock, told CNBC Tuesday. Major…

Read More