Navigating capital gains changes and first quarter market insights

In this episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, is joined by Joel Baker, CIM, MBA, Chief Investment Officer at TriCert Investment Counsel, to talk about the recent changes to the federal budget and their impact on capital gains taxes. They discuss the implications for investors and share our approach to helping our clients navigate these changes.

Mike and Joel also explore first-quarter market trends, examining continued volatility and the dominant role of the "Magnificent Seven" stocks in the U.S. market. They compare the performance of U.S., Canadian, and international markets, providing a comprehensive outlook on the current investment landscape.

The episode addresses interest rates, the inverted yield curve, and ongoing inflation. Joel offers his perspective on how these factors could influence market cycles and shares strategic advice for investors to maintain a cautious and diversified portfolio.

Recorded on May 1, 2024

 

DISCLAIMER: This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Past performance is not a reliable indication of future performance.