University of Toronto students created the Vertige Investment Group (VIG) to focus on training themselves, and others, to conduct financial analysis and equity research to industry standards. For third-year economics student Bruno Sullivan, that process has meant stretching into a leadership and project management role too. Last semester, Sullivan worked with a group of other undergrad students to create the Macro Research Department within VIG.

“My peers and I have now put out 3, roughly 30-page, global macroeconomic reports, analyzing trends, policy decisions, and conflict impacts with our own analysis and predictions,” Sullivan explained. “We also contribute to a weekly newsletter that the club puts out on LinkedIn.”

Released in mid-November, the Macro Department’s latest report considers the global impact of Donald Trump’s re-election in the US.

“We explore how Trump’s policies might reshape North American and global trade dynamics, how Europe and Asia are adjusting to shifting growth trajectories, and how developing regions balance reform with resilience,” the report stated. “With sectors from energy to manufacturing under pressure and geopolitics influencing fiscal decisions, this report uncovers the key drivers that will shape 2025, and how diplomatic adjustments and policy decisions will prove crucial for economic stability.” [Read more…]