TD’s head of asset allocation looks to the year ahead for stocks, bonds and investor opportunities

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Bonds will far outperform stocks this year and TSX and S&P 500 investors are going to be underwhelmed, says head of asset allocation and derivatives at TD

As investors open their 2022 year-end statements and see the dramatic declines in their portfolios, they may find it hard to be optimistic, especially with a looming recession forecast by economists and in the news headlines.

Major stock markets worldwide were under pressure in 2022. Looking ahead, what geographical regions are you bullish on? For Canada, a few things here. One, if we go into a material recession, the energy sector will not perform well. And while there are certain supply issues for energy, the fact is that as demand falls off, oil is going lower.

 

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