Newsletter September 27, 2024
Chris Grey
Senior Portfolio Manager & Wealth Advisor I Grey Wealth Partners of RBC Dominion Securities | Safeguarding your wealth with a hands-on, family-first approach
We are pleased to share Grey Wealth Partners’ latest investment newsletter.
?Team News
?On a recent episode of RBC’s Chatter that Matters podcast, Dr. Joe Coughlin, author of The Longevity Economy, engages in an informative conversation about living longer and reflects on his research to help bust myths about aging.
?Canada’s 2024 federal budget proposed to increase the capital gains inclusion rate to 66.67% from 50% for gains realized on or after June 25, 2024. Below we share our Navigator article on potential strategies that may help to mitigate and manage the tax impact.
?Market News
?Draghi: Europe, time to press ahead
Mario Draghi, the former president of the European Central Bank and prime minister of Italy, recently submitted a comprehensive report addressing the EU’s loss of competitiveness. We examine the feasibility of his ambitious plan and the potential implications for portfolio positioning.
?Regional developments: Canadian equities reach new all-time high; U.S. equities look to round out the calendar quarter with solid gains; China-exposed European cyclicals buoyed by stimulus; China announces a flurry of stimulus
?Please take some time to review the Global Insight Weekly.
?Feel free to contact us with any questions and/or to discuss investment ideas.
We appreciate the opportunity to serve you and look forward to continuing to help you accomplish your long-term financial goals.
Grey Wealth Partners,
Chris, Bruce, Lyndell, Wendy, Kim, Laurel, Stacy, Marnie & James