Markets Continue To Impress Following U.S. Election; Sticking To Overweight Equities vs Bonds, Favouring Cyclicals; Deploy Cash For Canadian Equities

Here's What We're Thinking

November 30, 2016

Market performance has continued to impress since the November 4th U.S. election with solid gains in major equity and commodity indices while the U.S. dollar and bond yields have continued to move higher in convincing fashion. This has suited our portfolio strategy quite well, stretching back to our adoption of a pro‐cyclical bias from early this year. To be sure several upcoming risk events could lead to occasional market setbacks following the large moves markets have witnessed in such a short period of time.

Read More…