What shifting rate expectations mean for real estate stocks [Video]

Markets are rethinking the path of interest rates after Friday’s blowout US jobs report. Joining us now to discuss how things may play out and how investors may want to be positioning themselves is Jeff Evans, VP director and lead of empirical research and PM support at TD Asset Management. Great to have you back on the show, Jeff.

Thanks for having me here. It’s always a pleasure.

So always with these data points, we can see a switch in the narrative, a switch in the story. You get these blowout numbers from the US labor market, much stronger than the expectations were. And now we have to reevaluate what we’re thinking about, the entire macro environment. How do you see it?

Absolutely. It continues to be an incredibly volatile year, and particularly on these rate cut or rate hike expectations, it just continues to be one of the key drivers of markets. It’s not even the actual rate …