MLD Market Update - September 2024

05/09/2024 18 min Temporada 3 Episodio 10
MLD Market Update - September 2024

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Episode Synopsis

Send us a Text with any questions or comments  In the latest MLD Wealth Money Matters Podcast, Chad Larson discusses the Bank of Canada's recent rate cut and signals of potential further easing if economic conditions worsen. September's historical market weakness looms, but bullish momentum continues, supported by strong earnings and positive investor sentiment. Inflation shows signs of cooling, with the Fed expected to pivot towards rate cuts, bolstering market confidence. Despite geopolitical risks, the broadening market trend and robust household consumption offer optimism. However, caution is advised as seasonal and political volatility could impact the markets, especially with the upcoming elections and possible economic slowdowns.