Special Guest – Clément Gignac
SVB, Fed Rate Hikes and Key Economic Factors
This week we have a very special guest for our “Global Thinking” Podcast. Forstrong’s Omar Rayes sits down for a second time with the honorable Clément Gignac.
Clément has had a long and distinguished career in both the public and private sectors. On the international scene, he chaired in 2012 the Global agenda council on competitiveness (a division of the World Economic Forum). He is also an associate member of the Conference of Business Economists, a group of distinguished global economists based in Washington, D.C. He now serves as a member of the Senate of Canada.
From 2012 until his recent nomination as an independent Senator, Mr. Gignac held the position of Chief Economist at iA Financial Group. He was the Group’s spokesperson on economic matters and chaired the Asset Allocation Committee. Prior to joining iA Financial Group, Mr. Gignac worked as an economist and strategist for major financial institutions, including as Chief Economist for National Bank Financial from 2000 to 2008.
Clément is also a long-time friend of the firm and has worked closely with our investment management team in the past.
In this video, Omar and Clément discuss the recent FED rate hike, the collapse of SVB Bank, and key macroeconomic factors including inflation and the prospect for a recession.