Jonathan Lewis, Chief Investment Officer for Fiera Capital’s U.S. division, provides a historical perspective on the current crisis and share its thoughts on its potential impact in the United States.
Market Update from the Global CIO Office – September 2020
The fastest bear-market recovery in history showed little sign of wavering In August. Investor optimism remained
buoyant on signs of progress in developing a vaccine to quell the pandemic, which helped to instill confidence in a swift
global economic revival.
Jackson Hole – The Fed’s new stance on inflation
Interestingly, the Fed is not committing to any particular numerical formula to measure the outcome, (i.e. over what time period the average inflation will be based on), calling this “a flexible form of average inflation targeting.” It has therefore retained some flexibility in conducting policy and has not committed to specific targets that may or […]