In this episode, we bring you a live discussion all about what might be in the cards for the next few months and into 2025 when it comes to the Canadian economy and beyond. Jean-François Perrault, the Chief Economist at Scotiabank, and Myles Zyblock, Chief Investment Strategist at Scotia Global Asset Management, are our guests and discuss everything from what the results of the U.S. election might have on stock markets and investors, how AI is reshaping companies and workforces, and much more.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
1:46 – Has the Bank of Canada stuck the “soft landing”?
5:33 – From a layperson’s perspective, stock markets seem to be doing pretty well. Is it as rosy as it looks?
8:27 – How the outcome of the U.S. federal election will factor into their latest economic outlook
11:55 – What impact will the U.S. federal election have on markets, if any?
16:15 – What impact might Trump’s potential tariffs have on the economy?
18:00 – Broadly speaking, what might be ahead in terms of global economic growth?
20:28 – What does the success or failure of China mean from an investor perspective?
21:49 – Looking under the hood at U.S. markets
24:24 – What about Canadian markets?
25:45 – What effect might the Canadian government’s latest announcement about scaling back immigration numbers have on things like the labour market or housing?
32:28 – Why Myles thinks gold has been so puzzling lately and how you may be able to use it in a portfolio
34:31 – Has AI created a market bubble?
37:17 – Wrapping up, what are the big risks and opportunities investment wise over the next year and how can people mitigate those risks?
