August 2021 eUpdate - Fake or real, inflation is top of mind for everyone and is a recurring topic of discussion with clients. Avery Shenfeld, MD and Chief Economist, CIBC World Markets, explains how and why we are experiencing different types of inflation.
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Smith Falconer Financial Group

August 2021 eUpdate


Fake Inflation Now, But Real Inflation Coming?

Avery Shenfeld

Having fielded questions from clients around the strength of the Canadian dollar, the semiconductor shortage and the implications for business opportunities given our global interconnectedness, we share a video from our colleague Amber Sinha - Senior Portfolio Manager CIBC Asset Management. It effectively addresses these very issues. He feels that the setup is good, even as markets have already reflected the reopening of the global economy. We invite you to take a listen (4.33 min).



Clients are advised to seek advice regarding their particular circumstances from their personal tax and legal advisors.


Very best regards,


The Smith Falconer Financial Group
CIBC Wood Gundy


Lois, Rodney, Lira, Meredith and Angela


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Smith Falconer Financial Group


CIBC Private Wealth Management consists of services provided by CIBC and certain of its subsidiaries, including CIBC Wood Gundy, a division of CIBC World Markets Inc. "CIBC Private Wealth Management" is a registered trademark of CIBC, used under license. "Wood Gundy" is a registered trademark of CIBC World Markets Inc.





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