January’s slow start turned quickly into a continuation of the fourth quarter’s “everything rally” in the U.S., as earnings season delivered above average upside earnings surprises.
Traditionally slow, commercial real estate now adapts faster to changing behaviors.
In this one-hour video, BMO GAM Chief Investment Officer Sadiq Adatia shares what could be in store for the economy and markets in 2024.
As a new year begins, we are now faced with higher valuation multiples on equities, with the potential for market disappointment should the U.S. Federal Reserve (the “Fed”) not deliver on the 5 to 6 rate cuts that remain priced into markets.
The Canadian ETF industry saw another year of sharp expansion, adding CA$38.4 billion in assets under management (AUM), and an 11.3% increase from 2022.
In this report, we highlight our fixed income positioning strategies for the first quarter beginning January 1, 2024 (calendar year).
Our last new year outlook outlined how tighter monetary policy and supply-side healing would lead to disinflationary pressures.
Last month set a number of records. The 5th best November S&P500 Index return since 1930: 8.9%. A welcome respite from September and October’s downdraft.
September saw a sharp spike in interest rates following the U.S. Federal Reserve (the “Fed”) meeting, with 10-year yields on U.S. Treasuries reaching 4.57% by month end, the highest since July 2007.
The bearish tone from strategists is fading, as year-end targets have been grudgingly increased one by one, but there has yet to be any actual reflection of that in positioning.