Bank of Canada, North American Equities – AGF Perspectives

Author: The editor’s desk

March 13, 2025

Print

A weekly analysis of what’s happening in global financial markets from the perspective of AGF’s investment management team.

The R Word

North America’s equity markets remain highly volatile because of the U.S. administration’s contentious new tariff policy that continues to create growing uncertainty about the strength of the U.S. economy as and the future of trade relations with some trade some of its closest allies including Canada, and adversaries like China.  Many stocks have also traded at higher-than average valuations over the past couple of years, so a reset of some kind may have been inevitable regardless of circumstances. 

The S&P 500 Index is down almost 10% in less than a month,…