Cash Freeman
Mar 21, 2025 | Janet Engels and Tylar Lunke
Listen here (approximately 15 minutes).
Analysis
The market pullback will take time to play out. Planning for an eventual shift to defense beats a “hope for the best” approach.
Despite potential headwinds, we are generally constructive on Canadian markets, though we expect less outperformance in credit.
We pinpoint five reasons why U.S. equities capped off a banner year in 2024 and why investors were willing to pay for premium valuations. We also offer thoughts on the environment in 2025 and how to approach portfolio positioning.