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Recent U.S. economic data showed inflation picking up while overall growth slowed in Q1. Michael O’Brien, Managing Director and Head of the Core Canadian Equity Team at TD Asset Management, looks at the likelihood of a divergence in U.S. and Canadian interest rates and the potential impact on the economy and markets.
Transcript
Greg Bonnell – The beginning of this month doesn’t feel like that long ago, but markets were sitting at record highs. We’ve since had a pullback. Investors are considering the outlook for rates. So where do we go from here? Joining us now to discuss, Michael O’Brien, managing director and head of the core Canadian equity team at TD Asset Management. Great to have you back on the program.
Michael O’Brien – Yeah. Thanks for having me.
Greg Bonnell – Great day to have you on considering how the markets now are reacting to this idea that, perhaps, the Fed will be stuck at higher for longer. This has been a…
