Ed Devlin was on a BNN panel this morning in the wake of the Bank of Canada’s announcement that it will be holding the policy rate at 5%. He was joined by Jim Thorne of Wellington-Altus Private Wealth, and Earl Davis of BMO Global Asset Management. ​ Watch part 1 on...

Ed Devlin, along with David Rosenberg, joined BNN this morning to discuss the likelihood of recession in a market environment where interest rates may be higher for longer. The US economy is performing better than expected, but there is a good chance that the Fed will...

Ed Devlin and Anders Forssell co-authored an article for the CD Howe Institute. The piece discusses the potential problems with a proposal to consolidate Canada Mortgage Bonds within the Government of Canada borrowing program, particularly the impact on foreign...

The Bank of Canada surprised Ed (and the market) this morning by deciding to hike rates by 25 basis points. Given the uncertainty of recent economic data, this is a riskier strategy than a hawkish statement today followed by a rate hike at next month’s meeting (which...

Ed was on BNN this morning to share his thoughts on the recent CPI update. He stated that he does not think the small uptick in inflation has “moved the needle much”. Inflation seems to have peaked and is trending downwards. Given the lag between changing rates and...

Ed joined BNN for an interview this afternoon, where he gave his perspective on the ongoing problems in the banking sector. He began by remarking how we have to recognize that the new market for AT1 debt was done in a very “ad hoc” way, and that we shouldn’t expect to...

Ed Devlin joined BNN for an interview this morning to discuss expectations around the Bank of Canada’s interest rate decision tomorrow. He said that the key thing to watch and see if the Bank of Canada gives any clues about how they would respond to the emergence of...

Ed was on BNN this morning to give his thoughts on current market conditions. He began by saying that the recent market rally was driven by an increase in available liquidity, but that this liquidity is now being taken away by central banks. Consequently, the markets...

Ed joined BNN Bloomberg this morning to discuss the Bank of Canada’s upcoming rate hike. He began by stating that this is one of the most complicated set of market conditions he has ever seen, and that a difference of as little as 1.5% between expected an real...

Ed joined BNN this morning for an interview, where he gave his thoughts on the Bank of Canada’s upcoming rate hike. He was skeptical of the idea that we are nearing the end of the rate hike cycle. While he thinks its possible, there is a lot of uncertainty. Ed stated...