ScotiaMcLeod's Greg Newman: Market Outlook, Top Picks, and Trump Policies

📆 12/19/2024 1:24 PM
📰 BNNBloomberg

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Finance News

Markets,Equities,Dividends

Greg Newman, senior wealth advisor and portfolio manager at ScotiaMcLeod, shares his outlook on the markets, focusing on North American equities and dividend stocks. He analyzes the impact of the U.S. Federal Reserve's rate cut outlook, higher tariffs, lower taxes, and lower immigration on the market in 2025. Newman also discusses potential opportunities in dividend stocks, AI beneficiaries, and undervalued securities. He reveals his top picks: Propel Holdings, Kyndryl Holdings, and Citigroup, and looks back at his past successful investments in Brookfield Infrastructure Partners, Rogers Communications, and Meta.

Greg Newman, senior wealth advisor and portfolio manager at ScotiaMcLeod, shares his outlook on the markets.FOCUS: North American equities and dividend stocksThe U.S. Feder Reserve just changed its outlook for rate cuts next year – and the markets have taken notice. But how will the combination of higher tariffs, lower taxes and lower immigration ultimately play out? What will this mean for equities in 2025? Can these Donald Trump policies grow the U.S.

While there are risks there are also opportunities. Dividend stocks, AI beneficiaries and names that are attractive on a price to growth basis screen well. As usual investors would be wise by having an asset allocation, diversification and trying to buy securities that are cheaper than they ought to be.

Greg Newman, senior wealth advisor and portfolio manager at ScotiaMcLeod, discusses his past picks: Brookfield Infrastructure Partners, Rogers Communications and Meta

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