Feeling the effects
Turmoil in capital markets and slowing economic growth are having an impact on some financial services companies
- September 20, 2019 September 18, 2019
- 00:17
Turmoil in capital markets and slowing economic growth are having an impact on some financial services companies
Clients in their 40s and early 50s would rather enjoy life today than plan for tomorrow. Understanding their attitudes and needs can help you point them toward sound financial decisions
Banks reported some improvement in earnings in the first few months of the year, although most other financial services firms reported decreases
Amid trade wars and geopolitical tension, global fundamentals are strong and recent market losses are not alarming
While Ontario and Alberta grapple with big deficits, Quebec and B.C. boast surpluses
Brokerages took a hit, but banks remained solid and can expect tempered earnings growth
AUM dropped in 2018, thanks to flagging markets
Mutual fund families that used a stock-picking portfolio-management style soared last year
Escalation of the U.S./China trade war is the biggest risk
Most companies had improved earnings, but slower growth will mean smaller increases in profits