Markets Rally in Q1 as Rates Outlook Improves; AI, Alternatives Offer Growth Opportunities

Equity markets had a very strong start in Q1 2022, with the S&P 500 up over 10% and the TSX hitting new highs
Interest rates were a key driver, with expectations for fewer Fed rate hikes in 2024 boosting markets
Corporate earnings came in ahead of expectations last quarter thanks to resilient economic growth
AI adoption is still in early stages but will drive productivity gains and earnings over the next 5-10 years
Alternatives like infrastructure and private debt remain attractive for portfolio diversification