Historically, an inverted yield curve has preceded every recession in the past 50 years. On today’s episode, portfolio managers Alfred Lee, Chris Heakes and your host, Mckenzie Box, examine what this quite reliable indicator is telling investors now. They also discuss inflation, the T-bill deluge, value and growth equities, the U.S. dollar and covered call strategies. 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 Heakes, Portfolio Managers and ETF Specialists at BMO Global Asset Management. The episode was recorded live on Thursday, June 21, 2023.

ETFs mentioned in the podcast:

BMO Low Volatility US Equity ETF (Ticker: ZLU)

BMO Money Market Fund ETF Series (Ticker: ZMMK)

BMO Ultra Short-Term US Bond ETF (USD Units) (Ticker: ZUS.U)

BMO Covered Call Technology ETF (Ticker: ZWT)

BMO US High Dividend Covered Call ETF (Ticker: ZWH)

BMO Low Volatility US Equity Hedged to CAD ETF (Ticker: ZLH)

BMO Covered Call Canadian Banks ETF (Ticker: ZWB)

BMO All-Equity ETF (Ticker: ZEQT)

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. 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.

Any statement that necessarily depends on future events may be a forward-looking statement. Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although such statements are based on assumptions that are believed to be reasonable, there can be no assurance that actual results will not differ materially from expectations. Investors are cautioned not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, investors should carefully consider the areas of risk described in the most recent simplified prospectus.

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