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Compiling comments that experts make about stocks while on public TV.

2017-09-12

General Comment by Christine Poole

Bias Subject Owned
BULLISH NORTH AMERICAN - LARGE _N/A

Market. The global economy is improving. Canada’s 2nd quarter GDP number has surprised on the upside, 4.5% annualized. In the US, even though growth expectations may have moderated a little post election, the 2nd quarter has been revised up to 3%, better than the 1.6% we saw last year. We are seeing growth in Japan, and China looks like they are going to meet their 6.5% target growth rate. Global GDP was improving and profit growth is improving. In the background, there is very tame inflation, so many Central Banks including Canada and the US, will start to become less accommodative on raising rates, and will be very cautious. There is no reason to do this quickly, because inflation is so benign right now.

Christine Poole
CEO & Managing Director, GlobeInvest Capital Management

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