Sadiq Adatia, chief investment officer at BMO Global Asset ManagementSupplied
Heightened bullish sentiment has helped lift the S&P/TSX Composite Index nearly 2,000 points, or about 8 per cent, since Sept. 6. Today, the Bank of Canada slashed the overnight rate by half a percentage point, providing a tailwind for stocks.
To gain a sense on whether the bull run can continue and what sectors may lead the market higher, The Globe and Mail recently spoke with Sadiq Adatia, chief investment officer at BMO Global Asset Management for a two-part interview. Part one, featured below, focuses on his outlook for the S&P/TSX Composite Index and the slumping Canadian dollar. In part two of this interview later this week, Mr. Adatia shares his perspectives on potential opportunities and risks he sees in U.S. stock markets.
Easing monetary policy conditions are constructive for stock markets and the Bank of Canada is clearly…
