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.
Instead of the upbeat mood we typically expect after two months of persistently rising markets and sturdy economic fundamentals, we found widespread anxiety about a variety of issues....
Equities pushed farther into uncharted terrain this week, exacerbating fears of an impending bubble....
Investors looking for resolution of the creative tension between cheerful equity markets and fretting fixed income markets were stymied yet again this week....
Last week’s toasty reads on U.S. consumer and business inflation nudged both bond yields and investor anxiety higher....
Designing a succession plan for the future ownership of your family vacation property can be challenging, especially because these properties often hold tremendous sentimental and monetary value....
Markets bounded higher this week, dragging investor anxiety along thanks to the many unresolved global issues....
For weeks, markets have tried valiantly to lean into the growth thesis provided by the transformative technological rewiring the globe is undergoing....
Despite severe oil market disruptions, the Middle East conflict has coincided with surprising market resilience....
Most global equity indices turned in a surprisingly robust performance in April despite the unresolved Middle East conflict....
With stocks near all-time highs despite a backdrop of concerning headlines, investor psyches are understandably disheveled by the dissonance....