INSIGHTS & NEWS
Q1 2025 BIM Review
1Q25 | TARIFF BRINKSMANSHIP UNSETTLES FINANCIAL MARKETS
| INVESTMENT ENVIRONMENT | EQUITY MARKETS | FIXED INCOME MARKETS |
| Trade and tariff uncertainty is unsettling financial markets. Hostile rhetoric has not been helpful, though potential offramps still exist. |
European markets take a leadership role as U.S. exceptionalism loses a bit of shine. Near-term direction to be driven by trade discussions. |
BoC cut twice during the quarter. Current volatility in yields driven by the push and pull of evolving inflation and growth expectations. |
