As markets continue to send contradictory signals, ETF and Alternatives Strategist, Bipan Rai and host, Michelle Allen, analyze which parts of the prevailing narrative are fact—and which are fiction.

Michelle Allen is a Senior Associate, Online Distribution, at BMO ETFs. She is joined by Bipan Rai, Head of ETF Strategy, ETFs at BMO Global Asset Management. Recorded live on Oct 15, 2025.

• Q4 Portfolio Strategy Report and Fixed Income Strategy Report

ETFs mentioned:

• BMO MSCI USA High Quality Index ETF (ZUQ)
• BMO MSCI EAFE High Quality Index ETF (ZIQ)
• BMO Covered Call Spread Gold Bullion ETF (ZWGD)
• BMO Low Volatility Canadian Equity ETF (ZLB)
• BMO S&P/TSX Capped Composite Index ETF (ZCN)

Fed: U.S. Federal Reserve Board

CPI: Consumers Price Index

FOMC: Federal Open Market Committee

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