For much of the past three decades, markets operated under the assumption that monetary policy was largely independent of government influence. Even during extraordinary times—the Global Financial Crisis, the European debt crisis, and the COVID-19 pandemic—central banks coordinated with governments but ultimately acted under their own mandates. That independence gave investors confidence: once they built models for growth and inflation, they could compare their views with central bank frameworks and position accordingly. 

Read the Market Review and Q4 Outlook 2025

Marc-André Lewis

As President and Chief Investment Officer, Marc-André Lewis leads CI Global Asset Management and oversees the continued development of the firm’s integrated global investment platform. He has over 20 years of global investing experience and has held senior leadership positions at several organizations, including two of the world’s largest institutional investors. His diverse experience spans asset allocation, portfolio construction, risk management, public and private markets, and fundamental and quantitative strategies.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.