You Wait, You Lose - The Year 2024 in Review

Let’s look at what happened in the markets: performances, best sectors, stocks, biggest losers, themes, and noises.

You’ll Learn

2024 could be summarized as: “If you wait, you lose.” In other words, overall performances have been great.
Macroeconomic events, such as interest rates, can always influence the market. Which ones impacted the markets the most in 2024?
There was also the US Election, which ended with Trump being elected. Did it impact the stock market, or was it just noise?
Vero asked Mike’s thoughts about an upcoming recession for about three years… but it seems like Canada is not out of trouble!
Let’s move to the sectors and stocks that drove the markets in 2024. Mike expected the technology sector to be the top leader. Although it showed goos results, it didn’t quite turn out that way!
Which stocks outperformed the market the most? Canadian energy stocks were among the best!
On the other side, some sectors are lagging: REITs, Materials, and Healthcare make the bottom three. How do you explain this?
Which type of stocks gave investors a hard time? Are they only related to problems in their sector, or is there more to notice? Mike gives examples with BCE, Algonquin (AQN), and Intel (INTC).
2024 was also the year during which we witnessed a big transition in the communication services sector. While telecoms have been struggling, we saw the rise of Meta and Alphabet.
Mike gives us hints and what’s ahead with three of his favorite stocks for 2025: Pepsi (PEP), Telus (T.TO), and Alimentation Couche-Tard (ATD.TO).