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Little volatility, despite the uncertainty

Sébastien Mc Mahon, Senior economist

A new year is under way, and calm continues to reign on the stock markets. Expectations for 2017 are high. On the agenda are major structural reforms in the United States, from a complete overhaul of the tax code to the implementation of an infrastructure spending program to the ambitious deregulation of several key sectors, including the financial sector. Investors were quick to integrate a large part of these expectations into their fair value measurements of various asset classes, pushing the stock markets, interest rates and the U.S. dollar upward. However, it seems that, as the curtain closes on the first quarter of the year, these pronounced movements are starting to lose their momentum and investors are reassessing the probability of all these expectations actually taking shape, as quickly as anticipated.

Clément Gignac

Clément Gignac is Senior Vice-President and Chief Economist at iA Financial Group. He serves as the company’s spokesperson on economic matters.

Read Clément Gignac's biography

Contact Clément Gignac’s team
418-684-5000, extension 107971

Clément Gignac

Clément Gignac
Senior Vice-President and Chief Economist

Sébastien Mc Mahon

Sébastien Mc Mahon
Senior economist
418-684-5000, extension 7971

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