Omers Loaded Up on Stocks After Trump’s Tariffs Pummeled Markets
Hutcheson said he was concerned about the impact of the trade war in terms of sustained periods of low growth and high inflation as businesses and consumers cut back on spending.
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The Ontario Municipal Employees Retirement System bought up stocks last week after Donald Trump’s tariff program pummeled global markets.
“When the market dipped, we’ve loaded up on the greatest equities,” Chief Executive Officer Blake Hutcheson said at a Canadian Club event in Toronto on Tuesday. “We were really, really active last Monday at the bottom of the market,” he said.