Global Asset Allocation Team Market Update – May 2024

May 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

After a stellar first quarter performance, the second quarter got off to a softer start as unrelenting economic strength and persistent inflationary pressures in the United States fueled concerns the Federal Reserve will need to keep interest rates higher for longer. That dashed hopes for early and aggressive monetary policy easing and sent bond yields soaring higher – which weighed on both stock and bond market valuations in April.

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Global Asset Allocation Team Market Update – May 2024

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