GICs – What’s Really Guaranteed?
“Five Minute Macro” Video Series – September 14th, 2022
2022 has seen an increase in interest rates not seen in 15 years. Encouraged by higher yields and ongoing market volatility, conservative income investors have poured record amounts of money into so-called safe instruments like GICs.
But are these rates really what they seem?
In this episode of Forstrong’s 5 Minute Macro, host John Teskey is joined by Tyler Mordy, CIO and CEO of Forstrong Global, to discuss:
- The recent yield environment
- Forstrong’s view on inflation and future yield
- How income investors can hedge inflation risk