Market Commentaries   |   May 4, 2023

Global Asset Allocation Team Market Update – May 2023

The second quarter got off to a solid start, with both stock and bond markets generating positive results in April. Investors welcomed the strong start to the corporate earnings season, where better-than-expected results have helped to overshadow concerns stemming from persistent inflation, the prospect for further rate hikes, and lingering fears of an economic downturn. 

Jean-Guy Desjardins
Chairman of the Board and Global Chief Executive Officer
Candice Bangsund
Vice President and Portfolio Manager, Global Asset Allocation and Private Markets Solutions

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