ScotiaMcLeod Portfolio Advisory Group

No Free Lunch In the U.S. Debt Ceiling Debate

by Global Economic Research on July 27, 2011

Emerging markets and past U.S. experiences showcase that the impact of delaying a higher debt ceiling may not be apocalyptic but that the best case scenario is likely years of moribund growth. Whether or not a debt default solution arises in the next few days or weeks, there is no free lunch to be had [...]

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Here’s what we’re thinking

by Portfolio Advisory Group on July 27, 2011

The Investment Committee of the Portfolio Advisory Group meets weekly to formally discuss markets, sector allocation and investment recommendations. Below is a brief synopsis of our current market view. Here’s What We’re Thinking: Notwithstanding the Greek bailout achieved last week which led to a relief rally in equity markets and the high yield bond market, [...]

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