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January 30, 2025 | Joseph Wu, CFA
U.S. trade policy is taking a more restrictive turn with potential implications for Canada’s economy and equity market. We think resisting knee-jerk reactions to headlines is the best way to navigate what could be repeated bouts of market volatility.
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While we acknowledge the consternation that is sweeping through investor minds, we remind them that it is important to take a step back, sift through the noise, and focus on long-term plans.
What a difference a few weeks, or even days, makes. In a major pivot, the U.S. administration went from proposing sweeping tariffs across many of its trading partners to then extending a three-month reprieve for all countries