Here is the recap of the most recent stock market performance.
| Year | Canada | US | Europe | Emerging Markets | World |
|---|---|---|---|---|---|
| 2024 YTD | 6.01% | 14.88% | 9.77% | 11.20% | 13.72% |
| Q2 2024 | -0.85% | 4.04% | 1.24% | 6.34% | 3.18% |
| Q1 2024 | 6.92% | 10.41% | 8.43% | 4.57% | 10.22% |
| 2023 |
13.31% | 27.10% | 15.04% | 10.29% | 23.75% |
| 2022 | -5.78% | -19.46% | -7.97% | -15.16% | -15.62% |
| 2021 | 25.79% | 26.97% | 23.32% | 0.14% | 24.71% |
| 2020 | 4.35% | 21.37% | -1.71% | 19.50% | 14.06% |
| 2019 | 22.00% | 31.64% | 24.57% | 18.51% | 28.07% |
| 2018 | -9.04% | -4.50% | -10.02% | -9.73% | -6.86% |
| 2017 | 9.22% | 21.90% | 13.72% | 31.00% | 19.13% |
| 2016 | 21.15% | 11.61% | 7.90% | 10.11% | 9.65% |
| 2015 | -8.36% | 1.32% | 5.45% | -5.40% | 2.65% |
| 2014 | 11.43% | 13.36% | 5.22% | 5.57% | 10.40% |
| 2013 | 13.58% | 32.61% | 22.26% | 3.79% | 29.57% |
Source: MSCI gross returns including dividends, all returns in local currency.
During the month of July:
- Global stock markets had another moderately positive month, due in part to data that showed inflation continuing to decline in the United States more quickly than expected.
- For the second month in a row, The Bank of Canada lowered its benchmark interest rate by 0.25%. The trend of lower interest rates is likely to continue during the fall and winter months.
- On July 31st, the US Federal Reserve left its overnight rate unchanged but signaled it could start lowering it as soon as mid-September, amid easing inflation and a cooling job market.
In case you missed it, we hosted a webinar in June called ‘Ensuring a Successful Transition to Retirement’ with Susan Phelan. It was excellent and full of great information. If you missed it, here is a link to the webinar recording and retirement guide. As we like to say – you retire once, and we help clients retire every day – we are here to guide you!
As always, I thank you for the trust you put in our firm. If you have any questions about your situation, please do not hesitate to contact us.
Sincerely,
Anne Hammond
BA CIM CFP
Financial Advisor & Associate Portfolio Manager
T 604 732 6551
Planning Team
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Carly O’Connell, BA Lorraine Watson |
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Anne Hammond is a Financial Advisor & Associate Portfolio Manager with RGF Integrated Wealth Management. The views expressed are those of the author and not necessarily those of RGF Integrated Wealth Management, which makes no representations as to their completeness or accuracy.
© 2024 RGF Integrated Wealth Management. Ltd., RGF Wealth Management. Ltd., Member – Canadian Investor Protection Fund
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