In our Mid-Year Review, our portfolio managers revisit their forecasts in January and reflect on the major developments of the first two quarters.
They also discuss their outlook for the second half of the year and explain how they are positioning for the opportunities and risks that lie ahead.
 2024 Market Outlook - Mid-Year Review
Strong economic data and persistent inflation have kept the Federal Reserve on the sidelines so far this year, validating our portfolio managers’ forecasts in January that the market was overly optimistic in calling for six or seven rate cuts in 2024. Meanwhile, the artificial intelligence boom continues to drive major U.S. equity indices to one record high after another as investors look to benefit from what many see as a truly transformational technological revolution.
Note: These comments were written at the end of June.
OUR FEATURED EXPERTS iA Global Asset Management Inc. Loomis, Sayles & Company, L.P. QV Investors Inc. Vancity Investment Management Ltd. Wellington Square |
