Global Asset Allocation Team Market Update – September 2024

September 10, 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 turbulent start to the month, sentiment improved and global equity markets came roaring back in August. The combination of upbeat growth data and signs of ebbing inflationary pressures buttressed hopes that the Federal Reserve will be able to engineer a soft landing as it prepares to ease monetary policy this fall. Indeed, Chair Powell cemented these expectations at the Jackson Hole gathering late in the month – saying that the “time has come” to adjust policy.

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Global Asset Allocation Team Market Update – September 2024

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