American indices took a sharp dive since last week - but what caused it? Wyverstone's Dan Noel was on CBC News to explain how multiple factors, from inflation and interest rate hikes to pension plans rebalancing, played a role.
Dan also touches on how consumer debt can create a volatile environment, and offers suggestions for investors to mitigate that risk - including something important to look for in a portfolio manager.
Jump to 22:30 to see the interview on CBC News New Brunswick.
iA Private Wealth Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. iA Private Wealth is a trademark and a business name under which iA Private Wealth Inc. operates.
This is not an official website or publication of iA Private Wealth and the information and opinions contained herein do not necessarily reflect the opinion of iA Private Wealth. The particulars contained on this website were obtained from various sources which are believed to be reliable, but no representation or warranty, express or implied, is made by iA Private Wealth, its affiliates, employees, agents or any other person as to its accuracy, completeness or correctness. Furthermore, this website is provided for information purposes only and is not construed as an offer or solicitation for the sale or purchase of securities. The information contained herein may not apply to all types of investors. The Investment Advisor can open accounts only in the provinces where they are registered.
