MACROSCOPE No. 37: The effect of the “Powell Put” and “Moral Hazard” on your portfolio
The U.S. Federal Reserve (the “Fed”), the most influential and powerful central bank in the world, was instrumental in helping the equity market find a floor on March 23. The Fed’s actions announced on that date contributed to the about-turn in investor sentiment that enabled markets to stage a historic rebound in ensuing weeks. However, the jury is still out on the long-term implications of the so-called “Powell Put.” Click here to read the rest of Macroscope.
This information has been prepared by Luft Financial. Opinions expressed in this article are those of Luft Financial only and do not necessarily reflect those of iA Private Wealth. Furthermore, this does not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors.
How do we elevate your wealth?
It begins with understanding your needs and creating a comprehensive and tailored financial plan to help reduce tax, manage risk and grow your portfolio over the long term. Learn more about how we help you achieve financial security and peace of mind.
News & commentary
May 2023 Portfolio Management Team Update
May 2023 Portfolio Management Team Update By Elvis Picardo, CFA®, CIM, Portfolio Manager, iA Private Wealth May 24, 2023 Market Review Global equities moved broadly higher in April, as fears about systemic risk in the financial system receded and investors looked forward to a potential end to the interest rate-hike cycle. The TSX Composite gained […]Read more
April 2023 Portfolio Management Team Update
April 2023 Portfolio Management Team Update By Elvis Picardo, CFA®, CIM, Portfolio Manager, iA Private Wealth April 25, 2023 Market Review Global equities were mixed in March, as concern about systemic financial risk led many indices lower. U.S. indices bucked the trend to post gains – despite two of the largest bank failures in […]Read more
March 2023 Portfolio Management Team Update
March 2023 Portfolio Management Team Update By Elvis Picardo, CFA®, CIM, Portfolio Manager, iA Private Wealth March 23, 2023 Market Review Global equities declined in February, paring part of January’s stellar gains, as stronger-than-expected economic data fueled concern that major central banks were not yet done with monetary tightening, sparking a broad selloff across asset […]Read more