The Invested

The Bank of Canada raised rates in October while the Federal Reserve held steady, but the decisions tell different stories about the outlook for inflation and interest rates. Dustin Reid explains why Canada's revised inflation forecast is changing expectations for future rate hikes, how energy prices and economic growth are influencing bond yields, and what these developments mean for fixed income markets.

Where does gold fit in a portfolio? Rajan Bansi joins guest host Prerna Mathews to unpack why gold is back in focus, its role as a monetary asset and portfolio diversifier, and the trade-offs advisors face when adding it to an already invested portfolio. Then, Prerna and Rajan explore how MGEG combines global equity exposure with a systematic gold futures overlay. They also discuss how gold differs from gold-mining equities and what advisors should understand about the fund's derivatives structure. This episode was recorded on October 2nd, 2026. 

The Federal Reserve raised rates in September, but monetary policy is only part of the bond market story. Dustin Reid explains what the Fed’s latest outlook signals for rates, why corporate bond issuance, energy and inflation are pushing global yields higher, and the key market drivers’ advisors should be watching in client conversations now.

The Bank of Canada held rates in September, but its tone changed. Dustin Reid explains why rate cuts may be less likely now than previously expected, what’s driving global bond yields higher, and the key market signals advisors should be watching with clients now.

Rajan Bansi sits down with Richard Pan, Chief Investment Officer of China AMC — Mackenzie's strategic partner in China — to explore why global investors are increasingly turning to Chinese equities. Richard shares his framework for China's AI capabilities, the country's renewable energy advantage, and why Western investors may be significantly underweight a market that represents 17% of global GDP and 49% of global patent applications. The conversation closes with his vision for Chinese companies evolving into true global brands over the next decade.