In this episode of The Canadian Investor Podcast, we start by talking about the recent volatility. We look at the recent downturn of US stocks led by the large tech companies and how the TSX is now inching closer to matching the returns of those indices in 2024.
We also discuss the recent Fed rate decision. We also look at the recently released job numbers out of the US and how it could push the Fed to cut rates in September despite the upcoming US elections in November.
Additionally, we break down Amazon (NASDAQ:AMZN)'s mixed quarterly results and what they mean for the stock, Starbucks' (NASDAQ:SBUX) earnings and review BCE (TSX:BCE)'s Q2 2024 earnings which contained some positives and negatives for the large Canadian telecom.