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Stock impact report

Why this money manager believes markets will end the year higher [Globe and Mail, The (Toronto, Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
investment industry news and insights, the week's top headlines, and what you and your clients need to know. For more from Globe Advisor, visit our homepage Money manager Allan Small believes investors can finally stop talking about a recession and focus on economic growth instead. “The idea of recession is off the table in North America,” says Mr. Small, a senior investment advisor with Allan Small Financial Group at iA Private Wealth, based in Toronto, who oversees about $350-million in client assets. He notes that unemployment is relatively low and the economy is still growing, particularly in the U.S. “We're in a slower-growth economy now, but that's by design because central banks wanted it that way and used interest rate hikes to bring down inflation,” he says. “The good news is that we seem to be at peak interest rates, meaning they're unlikely to go higher. It's only a matter of time before [central banks] start cutting interest rates.” Mr. Small is bullish on the ma Show less Read more
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