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VPG Bulletin
October 2024


Hello everyone,

Autumn is well and truly here, bringing with it beautiful orange colors and cool days!

Unlike the weather, stock markets warmed up nicely during the third quarter.

All major indices ended the quarter in positive territory, with the TSX leading the way.

Entitled “A quarter of change”, our quarterly review, available in English and in French, looks back on a solid quarter, and suggests good prospects for the future.

It must be said that the work of central banks is not over, even if inflation has eased.

We take a look at the job market, with the United States springing a surprise at the end of the quarter with better-than-expected results. In Canada, there's still some catching up to do, but things are moving in the right direction.

Finally, we conclude our review of the third quarter with the question of interest rates. This element is on the radar of our entire team, who remain on the lookout for any opportunities that may arise.

Until next time!


Francis, Michael, Hossein, Jean-Marc, Kristopher and Stéphane

 

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Francis Sabourin
Portfolio Manager
Investment Advisor
Tel.: 514.989.4844  •  Email
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Francis Sabourin
Wealth Management

1250 René-Lévesque Blvd. West
Suite 1500
Montréal, QC  H3B 4W8

www.FrancisSabourin.com


The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson Wealth Limited or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson Wealth Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, PEI and NL. Richardson Wealth is a trademark of James Richardson & Sons Limited, used under license.
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