In this episode, Kevin Minas sits down with Crista Caughlin, Lead Portfolio Manager at Mawer, focusing on the key economic developments of Q4, including growth levels, inflation trends, and the resilience of financial markets. They speak on the nuances of the Canadian bond strategy and the impact of these economic factors on portfolio management.
Key Points From This Episode:
Volatility in Q4 with notable declines in interest rates and inflation
Marginal changes in growth, with a slight downturn in Q4
Economic resilience despite rapid interest rate increases in 2022-2023
Inflation trends: a reversal in Q4, with rates moving lower than in previous quarters
Equity markets showing solid returns, led by large-cap tech companies
Fixed income market volatility and changes in central bank policies
Anticipated re-emergence of traditional correlations between bonds and equities
Adjustments in asset allocation within Mawer's balanced portfolios
Links:
Mawer Investment Management
