We use cookies to offer you a better experience, analyze site traffic, and serve targeted advertisements. By continuing to use this website, you consent to the use of cookies in accordance with our Terms of use.

iafg-d
  • Individuals
  • Companies and Groups
  • Advisors and Brokers
  • FR
  • Connect
    • My Client Space
    • Advisor Centre
    • Dealer Centre (UniFI)
    • Partner Centre (Rave)
iafg-d
  • Connect
    • My Client Space
    • Advisor Centre
    • Dealer Centre (UniFI)
    • Partner Centre (Rave)
  • About us
  • Careers
  • Contact us
  • Contact an advisor
FR

Advice Zone

  • Overview
  • My Vehicle
  • My House
  • My Family
  • My Projects
  • My Finances
  • My Career
  • My Involvement
  • My Security
  • My Retirement
  • Our Experts

Economy and financial markets: a retrospective of 2018 and perspectives for 2019

December 2018 webinar with Clément Gignac


Despite certain risk factors, the current business cycle should continue a few more quarters, but at a pace that is more compatible with the potential GDP. Rate normalization has advanced significantly in the United States but should begin overseas in 2019 and accelerate in Canada in the second quarter of 2019. Given the headwinds currently facing the global economy, we are increasing our estimate of the probabilities of a downturn over the next 12 months, from 15% to 25%.

In this context, we recommend the following strategies:

With more volatile markets and the anticipated deceleration of corporate profits, we prefer to maintain a more cautious investment strategy and favour overseas markets.

In the absence of a downturn, the banking sector has become particularly appealing given the dividend rate and the excellent capitalization ratio. Following the strong correction observed in several stock markets, funds with a global focus offer attractive medium-term return potential given their exposure to emerging markets. The recent change of tone at the Bank of Canada and the drop in Canadian heavy oil prices encourage us to downgrade our outlook on the Canadian dollar and abandon our hedging strategy.

Looking for advice?

A financial security advisor can help you take stock of your finances and suggest various options tailored to your needs.

Contact an advisor

Tools and advice

  • iA Financial Compass
  • Making a Budget in 3 Steps
  • The economic challenges of the new Federal government
  • Invest or save?
  • About iA
  • Careers
  • Contact us
  • Find an advisor
  • Make a claim
  • Connect to My Client Space
  • Advice Zone
  • Sustainable development
  • COVID-19
  • Site map
  • Unsubscribe
  • Accessibility
  • Privacy and security
  • Terms of use
  • Unclaimed property

INVESTED IN YOU. © 2022 Industrial Alliance Insurance and Financial Services Inc. – iA Financial Group. All rights reserved.