A Mixed Quarter, a Banner Year

The fourth quarter of 2024 featured mixed results with U.S. and Canadian stocks advancing, while bonds and International stocks fell. As a whole, 2024 will go down as a year when just about every investment asset class contributed positively to total returns. It was a strongly productive year for investors of virtually all risk profiles, whether in U.S. and Canadian stocks, floating-rate bonds, trend-following strategies or private assets. Make no mistake − investing won’t always be this easy. There are plenty of potential risks on the horizon and historical returns are no guarantee of future results. We expect markets to experience a meaningful correction in the future, as markets periodically do. Nevertheless, markets have historically delivered excellent returns to patient long term investors. Click on this link to download the newsletter.