“The economic downturn is slow to materialize, but we think it could arrive in late 2023, when it may become appropriate to add more risk to the portfolio.” — Donny Moss, iAGAM
Key Takeaways:
- The stock market’s performance was mixed in May.
- Strong economic indicators suggest there are no immediate signs of a recession.
- We think select technology stocks can be viewed as defensive in this market.
Donny Moss, CFA
Senior Director, Portfolio Manager, North American Equities, iAGAM
"iAGAM" is a tradename under which iA Global Asset Management Inc. and Industrial Alliance Investment Management Inc. operate.
