Newsletters
The US election season is in full swing, and you’ve undoubtedly heard countless
pundits debating the upcoming US election and how its result will affect the economy
and the stock market. These days, with digital media in a constant battle for our
attention, the predictions have become even more alarmist.With summer’s arrival we can officially wave goodbye to the first half of 2024.
We hope you are enjoying all that the season has to offer with those dearest to you.
For me, a true sign of summer is the start of Wimbledon, one of the most iconic events
on the Tennis Circuit.In the words of the late, great, Charlie Munger, “it’s far better to buy a wonderful
company at a fair price than a fair company at a wonderful price.” In our office,
this nugget of wisdom has a great deal of bearing on many of our decisions.As we march into 2024, the Brazier Dupuis Wealth Management team wishes you and your families health and happiness for the year ahead! Think back to January 2023 and you might recall the fatigue from coming out of a challenging year (2022) for returns across almost every asset class.
There is comfort in the passing of Labour Day, a re-engagement with routines and making new commitments for the year ahead. In the broader economy, there is also a feeling of seasonal change. At the Bank of Canada’s most recent meeting, they paused their interest rate hikes, holding the overnight rate at 5%. (For those counting, this has been a rapid rise from 0.25% a little over a year ago to today’s rate of 5.0%).