David Kitai

1 week ago | wealthprofessional.ca | David Kitai

Head of Global Quantitative Equity explains how ongoing tensions could play out in Indian equity markets By May 09, 2025 The recent resurgence in hostilities between India and Pakistan over the disputed region of Kashmir has, so far, produced somewhat muted market reactions.

1 week ago | wealthprofessional.ca | David Kitai

CI GAM economist explains what went into Powell’s decision to keep rates steady and how investors & advisors can manage the uncertainty By May 08, 2025 The only thing investors seemed certain of going into the FOMC meeting yesterday was that the US Federal Reserve was going to hold its interest rate steady. They were right to assume so, simply because the rest of the picture for the US economy is so uncertain.

1 week ago | wealthprofessional.ca | David Kitai

Decision follows negative GDP growth in Q1 with persistent inflation and strong jobs growth By May 07, 2025 The US Federal Reserve Open Markets Committee (FOMC) has decided to hold its overnight interest rate steady at 4.25 to 4.5 per cent. The decision — which had been largely priced in by markets — comes following some extremely mixed datapoints from the US economy.

1 week ago | wealthprofessional.ca | David Kitai

York University study finds that the first job is the key step and key barrier to a career in planning By May 07, 2025 The path to a career in advice can be challenging and vague enough to warrant academic study. Recent research conducted at York University by undergraduate student Raquel Iantorno and Associate Professor Daniel Richards sought to map out exactly how bachelor of commerce graduates end up with careers in financial planning.

1 week ago | wealthprofessional.ca | David Kitai

Advisor and crypto advocate explains why four launches happened in short succession and what Solana offers that other cryptocurrencies don’t By May 07, 2025 Last month saw four ETFs launched from different providers offering a common core strategy: direct exposure to Solana.