Episodes
Tuesday Sep 10, 2024
The Fed decision: Impact on markets in September 2024 – David Tulk
Tuesday Sep 10, 2024
Tuesday Sep 10, 2024
Portfolio Manager David Tulk joins us today to unpack the latest events in interest rate cuts, challenges facing Canada’s economy, and market volatility. David discusses the recent Bank of Canada rate announcement. He says how it’s clear that the BOC wants to continue to ease interest rates, given growing concerns over inflation. He explains how the BOC needs to get the overnight rate much closer to its neutral setting to battle the current rising unemployment rate. David also talks about the current affairs of Canada vs. Global Opportunities. He explains how U.S. elections coming up could lead to more fiscal spending and protectionist policies, which could impact Canada’s export-led growth. David also touches on diversified investment strategies, broad positioning, and immigration policies.
Recorded on September 5th, 2024.
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