Relatively speaking, we think structural growth stocks will be favoured in the coming low-to-negative GDP growth environment.” — Marc Gagnon & Maxime Houde, iAGAM
Key Takeaways:
- First-quarter earnings are coming in better than expected.
- Some of the impacts of the Federal Reserve’s rapid interest rate increases are yet to be felt; we forecast a more difficult second half of the year.
- We are maintaining a cautious positioning while seeking opportunities in U.S. smid-cap innovators.
Marc Gagnon, M.Sc., CFA
Vice-President, Portfolio Manager,
North American Equities, iAGAM
Maxime Houde, CFA
Associate Director and Associate Portfolio Manager,
North American Equities and Thematic Investing, iAGAM
"iAGAM" is a tradename under which iA Global Asset Management Inc. and Industrial Alliance Investment Management Inc. operate.
