Shorter-term View
US equities soared in 2023, but what's next? From potential Fed rate cuts to inflation worries, three key scenarios could shape the market's fate. Will we see the S&P 500 hit 5,300 or face a 20% plunge?
Macroeconomic Conditions
The US economy shines amidst global challenges, but 2024 might tell a different story. Canada shows signs of strain, Europe flirts with recession, and China's consumer boom contrasts its property woes. Inflation concerns persist globally. How will central banks react?
Strategic Asset Allocation View (7-years)
In our 7-year forecast, declining interest rates, labor shortages, and rising energy prices stand out. Geopolitical tensions, especially between the US and China, loom large. While equities might return 6.5%-8.0% annually over the multi-year period, "Safe" fixed income, especially US 10-Year Treasur
Capital Markets Executive Summary
In Q3, equities dipped 3.4% but are up 11.2% YTD. Rising bond yields impacted US stocks, while international equities felt pressure from Europe and China. Bonds faced challenges, but high-yield assets remained resilient. Hedge funds saw modest growth, while private equity hinted at promising gains.
