Global Asset Allocation Team Market Update – August 2024

August 7, 2024 | Market Commentary, Public Markets

Jean-Guy Desjardins

Founder of Fiera Capital and Executive Chair of the Board

Candice Bangsund

Vice President and Portfolio Manager, Global Asset Allocation and Private Markets Solutions

In July, both stock and bond markets pushed higher as investors braced for monetary policy easing from major central banks amid signs of cooling growth and inflation. In stock markets, however, a profound rotation from the high-flying megacap space took hold after earnings results failed to live up to lofty expectations and as traders speculated that the artificial intelligence frenzy had become excessive.

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Global Asset Allocation Team Market Update – August 2024

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