Our 2023 Financial Market and Investing Recap and 2024 Early View

This video summarizes CEA Founder John Leroux’s synopsis of the 2023 investment year and offers a view and early comment on what 2024 is shaping up to be for investors.

Transcript:

I’m here to talk about what transpired in 2023 and what we foresee coming potentially in 2024. 2023 ended up being a positive year with the US market finishing up over 20 percent, the large caps of course.

The Canadian market finished over 8 percent and the European market finished low-double digits.

All of this bolsters well for 2024.

The thing that we are keeping our eyes on are inflation, hopefully, it goes down or stays in check.

Interest rates that hopefully go down along with interest rates and last but not least continue to follow dividend-paying stocks and the potential for them to go up in value as a result of growing their earnings.

All of this bolds well for a 2024 that could be positive but obviously, if we are wrong with predictions and inflation does take off again as it did in the 70s well all bets are off.

Hope you understand some of the ideas and some of the things that are transpiring that will affect 2024.

Investment Disclaimer:

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This newsletter, video ando/r podcast was written, designed and produced by John A. Leroux, an Investment Funds Advisor with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc.

The information contained in this article comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability. The opinions expressed are based on an analysis and interpretation dating from the date of publication and are subject to change without notice. Furthermore, they do not constitute an offer or solicitation to buy or sell any securities. Mutual Funds are offered through Investia Financial Services Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.