Year-to-date macroeconomic data has shown signs of weakness, leading to softness in lower-quality and economically sensitive market segments, while a narrow selection of high-quality mega-cap stocks has driven performance.
“This backdrop syncs with our long-standing view that the current policy mix of heavy fiscal and higher front-end rates is effectively crowding out many economic participants,” they added. Moreover, a deterioration in liquidity could lead to equity outflows, particularly if the government deficit's funding becomes a concern.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »