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CIO Office 

Learn more about the markets, the economy and current trends in the financial industry.

Thumbnail of the section Asset Allocation Strategy

Asset Allocation Strategy

Our flagship publication, Asset Allocation Strategy, provides readers with our monthly look at what’s been moving markets, their impact on our macroeconomic outlook, and our resulting portfolio strategy across asset classes. 

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Thumbnail of the section Base-case scenarios

Base Case Scenario

Our quarterly base-case scenario presents a concise review of the key market events of the past few months, our outlook for the coming quarter, and the key risks underlying these expectations.

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Thumbnail of the section Long-Term Market Expectations

Long-Term Market Expectations

Our annual Long-Term Market Expectations report presents our return and volatility forecasts for the next five years. These go on to form the basis of our Capital Allocation Line, an important input into NBI’s Strategic Asset Allocation and portfolio construction effort.

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Thumbnail of the section Quarterly Flip Book

Quarterly Flip Book

A guide to broad market and economic trends, our Flip Book should serve well as a reference guide for the busy investor. Make sure not to miss our Myths and Realities section, where we breakdown and debunk commonly held investment beliefs.

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Thumbnail of the section Quick Takes

Quick Takes

After a rather bullish start to the month, equity markets fell sharply on September 13th after inflation figures came in above expectations. As of this writing, the S&P 500 is down well over 3% with more severe declines for technology stocks but less significant ones in Canada. Check out our most recent analysis of current market events.

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Strategic Reports

Strategic Report on Bear Markets

In mid-June, the S&P 500's decline from its all-time high crossed the 20% threshold. As a result, the U.S. stock market's flagship index entered bear market territory for the first time since March 2020, and only for the 11th time since 1950. In this Strategic Report, we provide a quick overview of the characteristics of S&P 500 bear markets as well as the macroeconomic conditions that usually prevail when the market bottom is reached.

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Strategic Report on Digital assets: Speculative bubble or real revolution?

In an attempt to shed some light on the situation, three strategic reports dedicated to digital assets as part of research by the CIO Office are shared with you.


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