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Monthly Macro & Strategy | Back in Black: The Trump Election and Market Dynamics

December 4, 2024

At the core of the Trump administration’s economic strategy lies yet another corporate tax reform agenda.

Highlights:

  • The Trump administration’s return is expected to trigger significant changes in the U.S. economy, with a focus on tax cuts and deregulation.
  • New trade policies will target China and Europe to shift the trade balance in favour of the U.S. but could lead to global trade tensions.
  • Canadian businesses could benefit from U.S. deregulation and increased demand for energy.

 

 Your experts

 

Sébastien Mc Mahon, MA, PRM, CFA
Chief Strategist, Senior Economist and Vice-President, Asset Allocation & Portfolio Manager

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Alex Bellefleur, MA, CFA
Senior Vice-President, Head of Research, Asset Allocation

 

 

Tuyen Tran, M.Sc., CFA
Senior Analyst, Asset Allocation and Economics

 

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