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Weekly Update for the week ending February 16, 2024

The past six months have been a rollercoaster ride for investors as expectations regarding the Federal Reserve’s (Fed) interest rate policy shifted gears. Initially, investors and analysts were talking about the Fed maintaining the rate at 5.5% for a while, only to switch towards discussions of potential rate cuts early in 2024. However, recent inflation […]

Weekly Update for the week ending February 9, 2024

This past week, with a lull in economic news, corporate earnings captured the spotlight – and they certainly delivered. Fueling investor optimism further were the revised US Consumer Price Index numbers for December, indicating lower inflation than initially reported. This shift has led investors to speculate about the potential for the Federal Reserve to lower […]

Weekly Update for the week ending February 2, 2024

Another week brings us to yet another set of all-time highs for the S&P and DJIA! Despite a mid-week dip caused by the Federal Reserve’s decision to keep US interest rates steady, and caution it was unlikely the rate would go down in March, these indexes rebounded to set new records. The Nasdaq followed suit, closing the week at its highest point in two years. Unfortunately, the TSX didn’t share in the fortune, closing the week on a less positive note. ☹

Weekly Update for the week ending January 12, 2024

The markets kicked off 2024 with a stumble the previous week but recovered nicely this past week. While December often sees a surge due to year-end bonuses and holiday spirit (the “Santa Claus rally”), January can bring a return to normalcy with potential pullbacks. This week’s rebound shows the market’s inherent fluctuations, emphasizing the importance of a long-term perspective for investors.

Investing can be like planting an acorn – through careful selection, nurturing, and patience our portfolios will grow big and resilient. Remember, investing is a long-term game, and focusing on quality companies can help you reach your financial goals, even with the occasional dip along the way.