Chief Economist and Managing Director Economics
Douglas Porter has over 30 years of experience analyzing global economies and financial markets. As Chief Economist at BMO Financial Group and author of the popular Talking Points, he oversees the macroeconomic and financial market forecasts and co-writes the firm’s weekly flagship publication, Focus. Mr. Porter manages the team that has won numerous forecasting awards. Most recently, Douglas led the team to a #1 ranking for Top U.S. Forecaster among 60 global firms in the 2023 Focus Economics Survey, and #1 for Top Canadian Inflation Forecaster among 28 firms. Also, his team took the #1 spot in the StarMine Awards for Most Accurate Forecasters for Canada in 2022.
As a respected commentator on economic and financial trends, he is regularly quoted in the national press and often interviewed on radio and television.
Barely 11 weeks into the new year and investors’ psyches are already rubbed raw from the quantity of big-picture, arc-bending issues they’ve faced....
The conflict in the Middle East continues to disrupt commodity and financial markets and cloud the economic outlook....
Navigating the complexities of wealth planning can be daunting enough when you’re single. Add someone else’s income to the equation along with their spending habits, money values, and goals, and planning becomes a lot more complicated....
Private credit has had a rough go of it lately after an extended period of heady growth and robust investor enthusiasm....
For many families, getting kids to pitch in around the house – or convincing grandkids to look up from their phones – can feel like an uphill battle....
When you think of self-care, financial planning may not be the first thing that comes to mind. But it can be a vital part of your overall well-being. Like other self-care rituals, it’s easily neglected. ...
When the U.S. and Israel launched joint military operations against Iran last Saturday, traders initially showed remarkable restraint. That changed as the week wore on, however, and hostilities intensified rather than resolved....
Capital markets have a long history of looking past geopolitical events. An initial (and often sharp) risk-off reaction is typically followed by recovery as investors return to focusing on fundamentals....
Markets started the week on a shaky note with tariffs and a potential AI/jobs apocalypse dominating the story line....
The last 12 months have sprayed a firehose of change at investors, consumers and businesses alike....