CIBC’s chief investment officer discusses bonds, equities and currencies.
Most of the sector maintains demand across economic cycles, PM says.
Upbeat tone contrasts with fears that China’s economic concerns could dent global and regional growth
Consumer prices index moderated to 6.7% in the year August, down from 6.8% in July
PM remains cautious but sees reason for optimism.
Regulators propose best practices for market players
Risks include increased inequality, social disruption
Weakness in China dragged down overall GDP
Decision raises benchmark deposit rate to 4%, highest since the euro was established in 1999
Weakness in China, tighter financial conditions weighing on outlook