DIY trend seen fuelling demand for advisors | Investment Executive

As far as financial advisors are concerned, the rise of do-it-yourself investing is just fine. “Robo-advisory software and portfolio construction tools can suggest asset allocations, but for people not working in the financial markets full time, deciphering what the data suggest can be complicated, scary and, in some cases, emotionally draining. …Read the full story

BoC to place ‘greater focus’ on labour market stats | Investment Executive

“For markets, the takeaway is that the will be more tolerant of inflation inside the 1%-to-3% band, rather than always focusing on 2%, as long as inflation expectations are anchored. The most common labour market metric is the unemployment rate, which is defined as the percentage of the labour force that does not have a […]

Investors bullish on Bitcoin, while advisors remain “overwhelmingly pessimistic”

Advisors are “overwhelmingly pessimistic” on Bitcoin, according to the fund company’s Q2 survey of advisor and investor sentiment, reporting a 45% bearishness. The survey also included the psychedelics sector for the first time, which also garnered more enthusiasm from investors than advisors. equities, investor sentiment toward tech stocks dropped while they became more bullish on […]