Episodes
Tuesday Feb 13, 2024
New year, new trends: Canadian markets in 2024 – Joe Overdevest
Tuesday Feb 13, 2024
Tuesday Feb 13, 2024
Today on the show, we welcome Portfolio Manager Joe Overdevest to the program as he discusses commodities, unemployment, the new inflation reduction act and much more. Joe talks about commodities and says there is a positive outlook for both natural gas and copper. For natural gas, there is a surplus of supply because of the mild winter, but overall a positive outlook for 2024. And for copper there are positive sentiments there, but will be driven by a bullish perspective and dependent on conversations with major CEOs within the industry. Joe touches on many other topics and trends like the continuing conversation around interest rates, concerns with mortgages in Canada, and the importance of investing and compounding during these times. Joe says investors need to be careful and resist being swayed by current headlines and avoid abandoning long-term strategies due to short-term uncertainties.
Recorded on January 24, 2024.
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