2024 Mid-Year Investment Review

Inflation Drops, Stocks Rise, Techs Gain

Mid-year review – inflation down, stocks and bonds up: In this episode Keith and Lawrence delve into the 2024 mid-year review, providing a comprehensive overview of year-to-date asset class returns.

They elaborate on the strong performance of various asset classes, particularly emphasizing how technology stocks like NVIDIA have propelled the S&P 500’s gains. But they remind us of the importance of not chasing returns, and of the importance of maintaining a globally diversified portfolio for long-term performance and for risk management.

As they look ahead to the upcoming fall US elections, they advise us that sticking to a consistent, diversified investment strategy is far more effective than trying to predict investment outcomes based on election results.

The Importance of Diversification

• Mid-year review of portfolios and investments (3:01)
• Evolving trends shaping investment strategies. (3:20)
• Star performers driving the market through June 30th, 2024 (3:48)
• Tech titans, especially NVIDIA, fueling market gains (4:44)
• Why spreading your investments globally is crucial. (5:31)
• How today’s valuations set the stage for tomorrow’s returns. (7:52)
• Insights into the styles of stocks and market trends (10:04)
• The significance of AI across industries (11:26)
• Inflation and its impact on your household debt and spending power. (12:29)
• Historical context of Bank of Canada’s interest rate policies (13:40)
• Implications of higher interest rates on Canadian debt levels (15:15)
• Advice on balancing investments and debt (17:26)
• Upcoming U.S. elections and their impact on markets (17:41)

And so much more!

Mentioned in this Episode:

• Tulett, Matthews & Associates
• BDO Canada