The Invested

In this episode, Dustin Reid , Chief Fixed Income Strategist, breaks down the recent FOMC meeting — the first led by new Federal Reserve Chair Kevin Warsh. Dustin explains why the Fed's hawkish message caught markets off guard, including growing support for rate hikes and a renewed focus on inflation. He also explores how investors reacted across bonds, equities, currencies and credit markets, and...

Dustin Reid discusses the Bank of Canada's rate hold, the outlook for markets and inflation, and why he believes Canadian rate cuts remain possible later this year.

Richard Wong , lead portfolio manager and head of Mackenzie's Cundill boutique, joins host Rajan Bansi to discuss why value has quietly outperformed growth in 2026, and why that trend has staying power.  

Corporate earnings and stock performance are not moving uniformly — and the divide is worth understanding. Lesley Marks, CIO at Mackenzie Investments, joins host Rajan Bansi to walk through why AI infrastructure companies have had a markedly different experience than sectors like airlines and traditional software, and what it may mean that bond markets appear to be pricing in a different outlook t...

In this episode, Dustin Reid breaks down the latest Fed and Bank of Canada decisions and what’s driving markets right now. He explores how higher energy prices are feeding into inflation expectations, pushing yields higher and complicating the rate outlook. You’ll hear what’s behind the move in oil and how shifting inflation signals are influencing central bank decisions. Listen now for clear, pra...

In this episode,  Rajan Bansi  speaks with  Katherine Owen  about why full defence is not the only response to volatility. They unpack market rotations, the return of AI momentum and the role of resilient holdings. You’ll hear conversation-ready context for clients weighing nerves against long-term allocation discipline.  This episode was recorded on April 27, 2026. 

Rajan Bansi  speaks with  Cory Martin , CEO and Portfolio Manager at Barrow Hanley Global Investors, to unpack why value looks compelling through a global lens. They explore how concentrated markets and wider valuation gaps have changed the conversation, why non-US markets often offer active managers more room to deliver returns and what sets Barrow Hanley’s traditional value approach apart.  This...

Rajan Bansi  sits down with  John Cook  to unpack how energy security is pushing countries to rethink infrastructure and long-term strategy. With electricity demand now growing above 4% a year and renewables playing a larger role, they also examine why natural gas remains essential as power grids evolve. Tune in to learn more about opportunities in the energy transition.    This episode was record...

Rajan Bansi  sits down with  Tim Johal to cut through the geopolitical noise and discuss why Canada deserves a closer look from investors. From offering cheaper valuations than the US, to featuring a market tilted to energy and materials, you'll hear why the old labels no longer tell the full story. Listen to a timely Canada-focused lens to support your next conversations.  This episode was record...

Dustin Reid  explains how a market shock can move from geopolitical tension abroad to tougher choices at home. He explores what higher energy prices could mean for portfolios, central-bank decisions and the households that often feel the pressure first. Listen for practical insight into how geopolitical risk can ripple through markets and into daily life.  This episode was recorded on March 19, 20...

Prolonged conflict can leave a lasting mark on how markets assess energy risk. Host  Rajan Bansi  sits down with  Benoit Gervais,  head of the Mackenzie Resource Team, to explore how geopolitical instability can accelerate energy sovereignty, reshape supply chains and reinforce the need for infrastructure and domestic capacity. Listen for expert insights into the forces that can outlast the initia...

Host  Rajan Bansi  sits down with  Arup Datta, Head of Mackenzie’s Global Quantitative Equity Team, to demystify modern quantitative investing, and why its edge is built for real world portfolios. They unpack how transparency, governance, and human oversight turn data into repeatable global stock selection across international developed and emerging markets, and what it takes to stay disciplined w...

Host  Rajan Bansi  sits down with  Prerna Mathews  to unpack the 2026 ETF Outlook and the shifts shaping portfolio construction: why active ETFs are gaining momentum, how systematic building blocks are moving into the core, and where alternatives in ETF form may fit. Listen now to sharpen your next client conversation.  For more insights and perspectives, download our  2026 ETF Outlook .  This epi...

Why is Mackenzie’s fixed-income team more dovish than the market on Bank of Canada cuts? Host  Rajan Bansi  sits down with  Konstantin Boehmer  to unpack Canada’s setup, Fed independence, and what rate paths could mean for portfolios through 2026. Tune in for client-ready talking points, and a practical way to frame diverging central banks in global portfolios.  This episode was recorded on Februa...

The Fed held rates steady, and the markets moved anyway.  Dustin Reid , Chief Fixed Income Strategist at Mackenzie Investments unpacks what shifted, what investors may be underestimating, and the key portfolio implications advisors should be ready to explain.  This episode was recorded on January 29, 2026. 

Greenland. Venezuela. The Panama Canal. Are these really “resource stories”, or something bigger? Host  Rajan Bansi  sits down with  Benoit Gervais,  head of Mackenzie’s Resource Boutique, to unpack how energy flows, critical chokepoints, and shifting alliances are reshaping the resource backdrop that’s moving headlines to allocations. Listen for the context you need for your next client conversat...

In this episode,  Michael Kapler , Portfolio Manager on Mackenzie’s Multi-Asset Strategies Team discusses how modern data, computing power, and disciplined modelling have transformed systematic investing—and what that means for constructing stronger income solutions. He walks through how high-dividend ETFs using covered calls and leverage generate diversified cash flows while balancing risk, trans...

In this episode, Dustin Reid , Chief Fixed Income Strategist, unpacks the Fed’s dilemma of hot inflation and cooling labour markets, the implications of a potential Kevin Hassett Fed chair, and how policy risk could ripple across bonds, equities and currencies. He also lays out why Canada’s growth drivers are weakening and why the first half of 2026 may deliver very different outcomes for the US,...

In this episode, Lesley Marks , CIO of Equities, and Steve Locke , CIO of Fixed Income and Multi-Asset Strategies, break down Mackenzie’s 2026 Market Outlook and explain why investors will need both resilience and discipline in the year ahead. They unpack the path of interest rates as central banks balance softer growth with sticky inflation, why earnings—not multiples—will drive equity returns, a...

In this episode, Dustin Reid , Chief Fixed Income Strategist, unpacks diverging views at the Fed, Canada’s steady hand on rates, and Japan’s rising fiscal risks. Dustin shares how his team is positioning portfolios amid “thickening fog” in the data, why he expects the Fed to hold in December, and where he still finds value in short-term Canadian bonds and emerging markets.  This episode was record...

In this episode, Dustin Reid , Chief Fixed Income Strategist, breaks down the latest rate cuts from the Federal Reserve and the Bank of Canada—and what they mean for advisors building resilient portfolios. Dustin explains why the Fed’s pushback on further easing and the Bank of Canada’s move to the bottom of its neutral range could shape opportunities across the yield curve. He also shares how his...

In this episode, Gleb Sivitsky , Portfolio Manager on Mackenzie's Multi-Asset Strategies Team, discusses how thoughtful portfolio construction can help reinforce discipline. He explains why investor mistakes rarely stem from a single decision—it's often a combination of behaviours, like chasing performance or selling at the wrong time. Gleb explores how modern solutions—from model portfolios to ET...

In this episode, Katherine Owen, Portfolio Manager with Mackenzie’s Global Equity & Income Team, shares her perspective on navigating today’s complex market. She discusses the resilience of the US economy, the growing divide between AI-driven mega-cap leaders and the broader market, and where her team is finding compelling opportunities abroad. Advisors will also hear about the key risk invest...

In this episode, Laurent Boukobza , ETF Strategist at Mackenzie Investments, explains why diversification is more important than ever. He explores ETF strategies that can help manage concentration risk and strengthen portfolio resilience. He discusses the growing importance of international diversification, the rising interest in active ETFs in Canada, and the value of a disciplined, repeatable in...

In this episode, Dustin Reid , Chief Fixed Income Strategist, discusses the 25 basis point rate cuts from both the Fed and Bank of Canada – highlighting Fed Chair Jerome Powell’s “insurance cut” framing and labour market pressures. He also explores the BoC’s outlook amid persistent economic slack. Dustin shares how these developments are shaping the team’s positioning, including duration, spreads,...