In current market climate, the discussion around future trends of retail investors’ returns have been most widely discussed around the globe. Richard Carleton, CEO of the Canadian Securities Exchange (CSE), recently weighed in on the debate suggesting that Canadian stocks are likely to resume their dominant role in the later part of 2024.
This prediction is a direct result of the more recent shift towards individual investing rather than institutional investors, which had previously held a large portion of the market’s investments. Carleton noted that the market had seen a great shift in favour of individual investors in 2020 and that momentum should continue into 2021, providing Canadian stocks with the opportunity to reclaim their position at the forefront of the investing world.
Carleton, who has been vocal about his support for individual investing, also suggested that the CSE is well positioned to tap into the potential of the individual investor movement. This comes as the CSE introduces new initiatives which will make it easier for individual investors to make informed decisions about where to invest their money.
Furthermore, Carleton highlighted the Canada’s strong economic fundamentals and political stability as reasons to why investors should continue to put their money into Canadian stocks. With Canada being one of the few countries in the world where the economy is likely to remain strong for the foreseeable future, Carleton believes that this provides investors with a secure opportunity to see a good return on their investments in the future.
Overall, it appears as though Richard Carleton is confident that the individual investor trend is a positive for the Canadian market and that investors should be confident in investing in Canadian stocks in the near future. With the CSE’s initiatives and Canada’s economic strength, it appears as though retail investors may indeed make a return to Canadian stocks in 2024.
