“We continue to think structural growth stocks will be favoured because of stabilizing long-term interest rates and a prolonged period of low to negative GDP growth.” — Jean-Pierre Chevalier
Key Takeaways:
- Lower-than-expected inflation numbers led to a market rally in November.
- We continue to think that the equity market must scale a mountain of concerns to regain its footing.
- After a period of robust economic growth, investing in the innovation economy is preferrable.
- A disconnect remains between mega caps and below $100B and smid cap innovators.
Jean-Pierre Chevalier, CFA
Senior Director, Portfolio Manager, U.S. Equities and Thematic Investing, iAIM
