It wasn’t so long ago that investors feared the U.S. equity market was overheated and out of gas. In this video, Dan Bastasic explains why he believes U.S. stocks have a good chance of posting another year of double-digit returns. He also discusses the key factors underlying the valuation gap between U.S. and Canadian equities, and when he expects that gap to begin closing. In the final segment of the video, Dan explains why he saw the February correction as opportunity to unwind some of his defensive cash positioning.
iA Clarington Investments