Global Asset Allocation Team Market Update – November 2023

November 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 kicked off the fourth quarter on a somber note. While unrelenting strength in the US economy underscored the case for restrictive monetary policy for an extended time, escalating geopolitical tensions in the Middle East added to the gloomy mood and saw both stock and bond markets retreat in tandem last month.

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