Skip to content
Subscriber Only

Caisse's Sabia Says Stock Markets Will `Run Out of Gas'

Updated on

The double-digit gains global stock markets have experienced in the past few years can’t continue much longer, and more modest gains are in store, said Michael Sabia, the head of Canada’s second-largest pension fund.

“It’s going to run out of gas,” said Sabia, chief executive of the Caisse de Depot et placement du Quebec, in an interview in Montreal.