2024 Investment Outlook – Back to Normal
You may have heard the phrase “higher-for-longer” referring to the expectation that interest rates will remain higher for a longer period of time. We believe the phrase should actually be “back to normal”. As you can see from the historical U.S. 10-year Treasury rate...
H2/2023 Outlook: Still waiting for a recession
With a tough year in 2022, most strategists expected a rough first half of 2023 citing high inflation and a forthcoming recession. Positioning was overly bearish in the beginning of the year. As the year progressed, the labour markets and economy held up...
Deus Ex Machina – Investing in the AI Revolution
Artificial intelligence (AI) is based on the assumption that the process of human thought can be mechanized and, as a result, AI applications can perform some tasks that normally require human intelligence. Many ponder whether machine intelligence can surpass human...