Global Asset Allocation Team Market Update – December 2023

December 6, 2023 | 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

Financial markets had a blockbuster month in November, with investor wagers for a dovish monetary policy pivot sparking a profound rally across both stock and bond markets. Notably, some tentative signs that both economic and inflation data are cooling boosted optimism that the Federal Reserve has ended its aggressive hiking campaign, with speculation also building that the central bank will swiftly pivot to rate cuts in the first half of 2024.

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Global Asset Allocation Team Market Update – December 2023

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