The latest U.S. consumer-price data came in hotter than expected, with core inflation proving more resilient than economists were forecasting in January. In today’s episode, portfolio managers Chris McHaney, Alfred Lee and your host, Mckenzie Box discuss why inflation is sticky, and how markets should be braced for additional volatility ahead. They also discuss whether a new tax on share buybacks could spell bigger dividends for U.S. companies, as well as the impact that President Biden’s ‘Buy American’ campaign could have on mid-cap stocks in that country. Read the episode summary.

Mckenzie Box is Director of Product and Strategy at BMO Global Asset Management. She is joined on the podcast by Alfred Lee and Chris McHaney, Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on February, 15, 2023.

ETFs mentioned in the podcast:

BMO Balanced ETF (Ticker: ZBAL)

BMO Growth ETF (Ticker: ZGRO)

BMO US Aggregate Bond Index ET (ZUAG)

BMO Aggregate Bond Index ETF (Ticker: ZAG)

BMO US Dividend ETF (Ticker: ZDY)

BMO S&P US Small Cap Index ETF (Ticker: ZSML)

BMO S&P US Mid Cap Index ETF (Ticker: ZMID)

Disclosure:

The viewpoints expressed by the Portfolio Manager represent their assessment of the markets at the time of publication. Those views are subject to change without notice at any time without any kind of notice. The information contained herein is not, and should not be construed as, investment, tax or legal advice to any party. Investments should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance. Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance.

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