E85 – Balancing the Inflation vs Growth Tradeoff

CPI numbers registered above expectations again this week, stoking fears that inflation is not as transitory as the Federal Reserve claims. How should investors weigh the potential for higher prices against the upside of an economic reopening? In this episode, Chris Heakes, Alfred Lee and Market Raes discuss how best to approach bonds and equities, and then dive into more specific areas – such as gold, dividends and US bank earnings. Our experts also respond to Advisors’ questions on China, genomics and the European equities.  Read the episode summary.   Mark Raes is the Head of Product at BMO Global Asset Management. He is joined on the podcast by Alfred Lee and Chris Heakes, both Portfolio Managers and ETF Specialist at BMO Global Asset Management. The episode was recorded live on July 14, 2021.   ETFs mentioned in the podcast: BMO MSCI USA High Quality Index ETF (Ticker: ZUQ) BMO MSCI All Country World High Quality Index ETF (Ticker: ZGQ) BMO Short Corporate Bond Index ETF (Ticker: ZCS) BMO Equal Weight Global Gold Index ETF (Ticker: ZGD) BMO Junior Gold Index ETF (Ticker: ZJG) BMO Covered Call US Banks ETF (Ticker: ZWK) BMO Equal Weight US Banks Index ETF (Ticker: ZBK) BMO US Dividend ETF (Ticker: ZDY)   Disclosures: 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. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated. For a summary of the risks of an investment in the BMO ETFs, please see the specific risks set out in the prospectus. BMO ETFs trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss. Distributions are not guaranteed and are subject to change and/or elimination. BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. ®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.