As investors digest latest U.S. CPI, Philip Petursson, chief investment strategist at IG Wealth Management, joins BNN Bloomberg to discuss his economic outlook for Canada and the U.S. He says rate cuts are coming but not to the extend markets have priced in. He adds potentially, there could be only two cuts in back half of 2024 in the U.S., each of 25 basis points.
Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg
Connect with BNN Bloomberg:
For the latest news visit: https://www.bnnbloomberg.ca
For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video
BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg
BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg
BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg
BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg
—
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.
source