TSX 2024: Rate cuts coming but investors should watch banks, oil

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FP Outlook 2024: Here are the key headwinds, tailwinds and sectors investors should be watching

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A lot of the outlooks Canadians read are about stocks down south, many focused on whether the bulk of them will catch up to the Magnificent Seven megacaps that have pretty much taken over the market, much to conservative investors’ chagrin.

Few focus on Canadian stocks and you can’t blame them. There are no sexy Big Tech-type stocks here, and the ones the Toronto Stock Exchange has had in the past flamed out in spectacular fashion: Nortel Networks Corp., Valeant Pharmaceuticals International Inc. and BlackBerry Ltd. pop to mind.

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