Lesley Marks – Equity Market Performance and Policy Diversion

After a strong first quarter, equity markets experienced a pullback in April as odds of a forthcoming rate cut by the Fed seem unlikely. On this episode, Lesley Marks, Chief Investment Officer of Equities, discusses the negative performance of the equity markets in April. Lesley suggests it was a modest pullback rather than the start of a downward trend. Lesley also shares her insights on the latest earnings season and explores the potential impacts of diverging policies between the Fed and Bank of Canada. This episode was recorded on May 6, 2024.