Severe U.S. tariffs were imposed on Canada and Mexico this week, and the situation continues to evolve by the hour. Regardless of how long they last or if some sort of compromise is found, many Canadians are worried about the potential impact on their portfolios. Here to help us make sense of all this market uncertainty is Andy Nasr, Chief Investment Officer at Scotiabank Global Wealth Management.
For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures
Key moments this episode:
1:50 – Giving some historical perspective around how the U.S. tariffs compare to other recent economic crises
7:04 – What Andy is hearing from clients and investors vs. the reality of the situation
12:45 – What Andy would tell the average investor in terms of how to navigate the current situation and why time-tested investing principles still apply
16:44 – Why a little perspective may help investors during this unusual time
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