Dual effects of high inflation, rising rates starting to bite
“Market expectations began crumbling,'' said Robert Kavcic of BMO Capital Markets
Changes to office life look permanent, but shifts in workforce do not
Across all segments of the industry, advisor and management shifts are taking place
Long-running decline needs policy attention, BMO says
Higher energy prices drove the strongest goods surplus since the financial crisis
BMO expects a Fed rate hike of 50 bps in May as inflation cuts spending power
Amid heightened volatility, equity underwriting activity tanks and debt offerings slip, Refinitiv reports
Underwriting fees drop, but completed M&A revenues rise
The conflict is forcing investors to reassess growth and profit outlooks