In today’s episode, we sit down with portfolio manager Max Lemieux for an in-depth look on the Canadian market landscape and the forces shaping it. He shares his perspective on economic shifts, industry positioning, and investment strategy amid a complex macroeconomic environment. Maxime addresses positioning in this uncertain landscape, focusing on companies with strong long-term growth potential and resilient earnings, even in a slow market. He emphasizes defensive stocks in sectors like utilities telecom, and renewable energy. Maxime also mentions that the rise in 10-year bond yields signals market confidence in a “soft landing” for the economy, thought the U.S. fiscal situation and potential for higher interest rates remain a concern.

Recorded on October 22nd, 2024.

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