Is US equity still the easiest asset allocation decision?
Global Thinking
English - April 09, 2024 13:12 - 29 minutes - 18.6 MBInvesting Business Education forstrong foundation gtaa investing activemanagement advisors assetallocation canada economicfactors endowment Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
US equities have taken center stage over the last few years and are touching all-time highs as consumers continue to show strength with healthy balance sheets and less sensitivity to higher interest rates. But is all this good news already priced in?
What may be surprising is that returns are no longer being powered primarily by the “Magnificent 7”. Instead, forgotten and unloved sectors are now witnessing a steady bid.
In this episode Rob sits with BMO’s Chief Investment Officer, Sadiq Adatia, to talk about their recent market outlook and why they believe a broadening market rally is in the cards for 2024. While high quality and financials in the US are in focus, gold and commodity-oriented equities could see a continuation of strength.
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