episode: 79

2023 Mid-Year Investment Review: Economy & Market Trends

July 25, 2023

listen now

Recession concerns haven’t materialized

As of now, recession concerns haven’t materialized as many had predicted six months to one year ago. In 2023, portfolios are positive so far, with most asset classes having positive year-to-date returns including; bonds, Canadian, US and international stocks. The development and growing influence of artificial intelligence is capturing investors’ imaginations, and creating investor enthusiasm.

In this episode Marcelo and Keith discuss year-to-date investment observations that include; why investors should stay clear of investment narratives, why investors should continue investing on a global basis, the performance of growth versus value stocks, investor benefits of opening economies, and the challenges and opportunities posed by higher interest rates.

Thank you for listening!

The economy’s continued resilience and growth

The economy’s continued resilience and growth (3:31)
How Chat GPT managed to generate stunning, effortless poetry (7:08)
Why diversification remains crucial despite recent outsized growth by a few companies (9:31)
Ups and downs in the battle between growth and value (13:13)
Why you should be cautious trying to use any narratives to predict market performance (15:36)
How global diversification protects against long-term underperformance of one particular region(20:54)
Diversifying and sticking to your plan to produce better returns while reducing stress (24:33)

Mentioned in this Episode:

Meet your hosts

Keith Matthews

Partner & Portfolio Manager

Marcelo Taboada

Associate Portfolio Manager

Lawrence Greenberg

Associate Portfolio Manager

Thanks for Listening!

Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112 Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more! Follow The Empowered Investor on Facebook, LinkedIn, and Instagram

Dive Deeper: Related Episodes

17 Lessons for Canadian Investors with Nicolas Bérubé

Market myths, dividend traps, wartime volatility, and the psychology of spending in retirement — Nicolas Bérubé breaks down his lessons for building lasting wealth as a Canadian investor.

Staying the Course: Investing Through War & Uncertainty

How should Canadian investors respond to the Middle East conflict and rising oil prices? We break down market performance, the history of military conflicts, and why staying the course is the strategy that always wins.

Should I Buy Gold? Returns, Risks & Portfolio Strategy

Gold prices are soaring, but does it deserve a spot in your portfolio? We compare gold’s long-term performance and inflation protection against stocks, bonds, and real estate, examine the hidden costs of non-productive assets, and reveal why many Canadian investors already own more gold than they realize.