And to be sure, many
financial asset prices still reflect a dominant reflationary view.
And to be sure, many
financial asset prices still reflect a dominant reflationary view.
Not exact matches
Valuations of risky
assets are
still stretched, and liquidity mismatches, leverage, and other factors could amplify
asset price moves and their impact on the
financial system.
The public equity market is factually and demonstrably a small fraction of the
financial assets available and traded in the economy, and it
still is not clear to me why that particular slice of the
asset world should be used as a
price guide for the social discount rate.
But it's equally important to note that a gradual rise in interest rates can
still have an impact on
financial markets and
asset prices.
Although recently rising
prices for stocks, high - yield bonds, commodities and other riskier
assets would suggest otherwise, investors remain skittish over the
still unresolved and quite concerning risks facing
financial markets, such as the U.S. presidential election, the potentially prolonged post-Brexit renegotiations, Italian bank solvency and a slowing China.
Nonetheless, National Bank Direct Brokerage's move to drop commissions on ETF buying and selling might
still mean a shakeup of Virtual Brokers»
pricing is in the cards not too long from now, especially since CI
Financial owns ETF provider First
Asset.
Valuations of risky
assets are
still stretched, and liquidity mismatches, leverage, and other factors could amplify
asset price moves and their impact on the
financial system.