Albert Yao, CFA, M.S. | BMO Global Asset Management

Biden pulls out. What next?

What does Biden pulling out of the U.S. presidential race mean for markets? With Tech stocks slumping, are concerns about a chip war between China and the U.S. warranted? And will the Bank of Canada cut rates again this week?

Politics and profits: Finding wins in an election year

The bad news is that the economic environment is worse than it was one year ago. The good news is that it is still in a pretty strong position and we’re not seeing any signs in the marketplace worrisome enough to warrant taking significant risk off the table.

BMO Global Asset Management

Albert joined BMO Global Asset Management on July 2022, and is responsible for research and operations. He has over 3 years of experience in investment analysis. Prior to joining BMO, Albert was an investment engineering at CPP Investments where he provided investment analytics capabilities for equity balancing program as well as private equity performance attribution. He also contributed to Fundamental Forecasting pipeline project during his time at CPP Investments. Albert has a Bachelor of Applied Science in Engineering Science major in Mathematics, Statistics, and Finance from University of Toronto, followed by a Masters of Management in Analytics from McGill University. In addition, he is a CFA charterholder and a member of the CFA Society of Toronto.

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