Exposure rates of the Dorval Asset Management Range –04th March 2019

Economic indicators continue to deteriorate, but fiscal and monetary steps taken across the board point to an improvement in the growth outlook over the months ahead.

Meanwhile in the corporate world, the latest earnings reporting season has turned out to be nowhere near as disastrous as some investors had feared, with guidance announced for 2019 also better than expected, albeit cautious after the blip in 2Q 2018.


This reassuring outlook along with progress on US-China trade talks have helped the international equity and credit markets bounce back and enabled cyclical stocks to make up for some of their underperformance.

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