On Point Weekly | November 25, 2019
Kristofer Jensen, CIM?
Senior Wealth Advisor, Portfolio Manager, CIM? | Scotia Wealth Management | Guiding Individuals and Families Towards Financial Confidence and Security
It's time for the newest edition of On Point Weekly, everything you need to know about last week's macro snapshot and market spotlight!
The first section is the macro; high levels of global debt could create a "perfect storm" of financial risk: Bank of Canada, U.S. labour market slowing (manufacturing mired in weakness), and finally, China's top trade negotiator is cautiously optimistic on Phase One agreement with the U.S.
The second half goes over the market; as the S&P reaches an all time high - global equities face mild setbacks, longer dated sovereign yields rise but no sizable moves from the previous week, and lastly, readily apparent trend favouring quality continues.
Read the article here for more information on each of these points.