Liberty International Investment Management's Chief Financial Officer and Portfolio Manager, Brett Girard, shares his insights on the global market outlook, identifying key trends and opportunities. He delves into domestic, U.S., and European markets, offering perspectives on trade dynamics, economic indicators, and investment strategies.
Brett Girard, chief financial officer and portfolio manager at Liberty International Investment Management, provides his insights on the current market landscape. He begins by examining domestic markets, where government officials are engaged in preparations for impending tariffs. Girard highlights an interesting trade dynamic: the US$45 billion trade deficit between the U.S. and Canada reverses to a US$45 billion American trade surplus when energy-related goods flowing from Canada to the U.S.
are excluded. Despite a relatively high unemployment rate of 6.7%, Girard observes signs of stabilization. Looking ahead, he emphasizes the need for clarity regarding immigration policies, tax codes, and a renewed sense of confidence in Canada's strengths, including its world-class companies and skilled workforce.Girard then shifts his focus to the U.S. market, where deregulation and tariffs dominate the news cycle. He acknowledges the uncertainty surrounding the long-term consequences of recent executive actions on key economic indicators such as GDP growth, inflation, interest rates, and the U.S. dollar's strength.Across the Atlantic, Girard points to France and Germany as the strongest performing European markets year-to-date, rebounding from historically oversold levels reached in the previous year. While Europe continues to grapple with political and economic challenges, Girard notes that it remains relatively undervalued compared to the U.S., even after considering historical country premiums and discounts. He advises investors to adopt a disciplined approach during this period of heightened uncertainty, focusing on monitoring asset allocation, managing concentration risk, and resisting impulsive reactions to trade developments. He cautions against overweighting any specific sector, geography, or theme due to the current lack of visibility.Girard concludes by sharing his top stock picks: Thermo Fisher Scientific, A O Smith, and Halma PLC. He explains his rationale for each selection, highlighting their respective financial performance, growth prospects, and market positions. He emphasizes the importance of fundamental analysis and due diligence in navigating volatile market conditions
INVESTMENT MARKET OUTLOOK STOCK PICKS GLOBAL MARKETS CANADA UNITED STATES EUROPE TARIFFS DEREGULATION ECONOMY INFLATION INTEREST RATES
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BRETT Price Prediction: Short-Term Dip Expected, Long-Term Bullish Outlook RemainsDespite a recent surge, BRETT's price is predicted to decline in the short term due to bearish signals and lower liquidity. However, technical indicators suggest a potential recovery and long-term bullish outlook.
Read more »
Caregiver Testifies in Inquest of Woman with Down Syndrome Who Starved to DeathAstrid Dahl, the caregiver of Florence Girard, testified before a British Columbia coroner's inquest, revealing that she was deterred from seeking medical help for Girard before her death. Dahl cited policies protecting Girard's rights and admitted to being in denial about Girard's declining health.
Read more »
Former Kinsight Co-ordinator Says 'Hindsight is 20/20' in Florence Girard CaseKrista Maniezzo, a former co-ordinator at Kinsight Community Society, acknowledged a missed opportunity to prevent Florence Girard's death. Maniezzo testified that during her last visit to Girard's home in August 2018, she didn't go upstairs to check on her, despite warning signs. Maniezzo stated that she was not aware of Dahl switching Girard's medication and that her heavy workload contributed to Girard's case slipping through the cracks.
Read more »
Former Kinsight Co-ordinator Acknowledges Missed Opportunity in Florence Girard CaseA former co-ordinator at Kinsight Community Society, Krista Maniezzo, admitted to a missed opportunity to prevent the tragic death of Florence Girard, who starved to death in 2018 while under their care. During a coroner's inquest, Maniezzo stated that she did not visit Girard's room during her last visit in August 2018, despite concerns raised by Girard's sister and the fact that Girard had Down syndrome.
Read more »
Market Outlook for 2025: Risks and OpportunitiesDespite a positive market close in 2023, experts warn of potential risks in 2025, including the looming threat of a U.S. debt default and the impact of pandemic-era debt refinancing.
Read more »
Despite Bullish Outlook, Skepticism Grows About 2025 Stock MarketWhile analysts predict another strong year for the stock market in 2025, a growing number of individual investors are expressing caution.
Read more »