Mark Wiseman sees a ‘disconnect’ in the market, expects earnings to be subdued

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 50%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A former Canada Pension Plan Investment Board (CPPIB) CEO and Chair at AIMCo said there is a disconnect in the market regarding the prospect of a soft landing, saying bonds could be a good option for inventors given the current cycle.

Mark Wiseman, former chair of AIMCo and former CEO of CPPIB, joins BNN Bloomberg to talk about investing in real estate and alternative assets in the market.

Mark Wiseman said in an interview with BNN Bloomberg Monday that the U.S. economy has exceeded his expectations when it comes to soft landing hopes and is performing “remarkably well.” However, he added that there is currently a “bit of a disconnect in the markets.” “You can’t have rates coming down and earnings going up and strong economic growth both happening at the same time.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines