TD Wealth Asset Allocation Committee (WAAC) Perspectives
TD Wealth Asset Allocation Committee (WAAC)
Given the evolution of domestic inflation, we expect the Bank of Canada ("BoC") to continue cutting its policy rate this year. However, barring a swift weakening of the economy, the BoC has stressed that rate cuts will materialize at a slower pace than the hikes they delivered in 2022 and 2023. Equity market returns remain positive year-to-date. While the U.S. market, and in particular technology-related names, are among the leaders, all S&P 500 Index sectors and many major equity markets are up this year. We believe that the equity market has a balanced return outlook.
Related Insights
More by this Author
Related Strategies
Recomanded for you
Macro
April 01 2022
January 20 2022
TD Wealth Asset Allocation Committee (WAAC)