FCAN - 3 Investing Themes For The Second Half
Kurt Reiman shares his midyear outlook for the Canadian economy and financial markets leading into the second half of 2019.
Canadian economic conditions appear surprisingly robust relative to a global economy feeling the pinch from a Protectionist push, one of the new investment themes in our 2019 midyear outlook. Our BlackRock Growth GPS for Canada has strengthened this year and now stands well above consensus expectations. This stands in stark contrast with the rest of the developed world (see chart below). Economic expectations for most countries have steadily slipped since the middle of 2018