Assante Hydrostone’s blog and news updates.
March edition of Portfolio Construction: The Fed is the new macro
As part of their March commentary, Alfred Lam, Senior Vice-President and Chief Investment Officer and Marchello Holditch, Vice-President, CI Multi-Asset Management, explain that stock markets have rallied significantly and consistently since 2009 when central banks cut interest rates to zero and increased the money supply through quantitative easing (QE) programs. Ten years later, these measures are largely still in place. Economists have described this as the “new normal.” Read more.
