The Dow Jones Industrial Average is ridiculous — and its 20,000-point milestone doesn't matter + MORE Jan 17th

President-elect, Donald Trump will take the oath of office on January 20 and he’ll officially become the president of the United States. In the last few weeks of being the president –elect, his actions and inactions have been moving the markets. However, Trump’s ability to move the market will be amplified exponentially once he takes the oath of office.

The chief reason why president Trump will be a major market mover is that he is opinionated, blunt and he doesn’t have the career politician’s ability to sugarcoat words. If Trump doesn’t like your company, you can be sure to expect some damning tweets that could send your stock spiraling. Boeing already found out the hard way that Trump’s tweet could cause a stock to tank and Amazon’s Jeff Bezo is trying hard to get off Trump’s black book. This article provides insight into 5 trends investors must watch after Trump takes the oath of office.
Broad Equities could have a strong pullback

Equities have rallied strongly in the last nine weeks since Trump became the president-elect…

var minSharesToShow = “2″;
var shareUrl = “http://www.moneysense.ca/feed/?image/1/”;
var ajaxUrl = “http://www.moneysense.ca/wp-content/plugins/rdm-social-plugin/includes/ajax.getShareCount.php”;
jQuery( document ).ready(function() {
getNbrOfSharesAjax(ajaxUrl, shareUrl, minSharesToShow);
});

1

of

11

Previous

Next

Facebook

Twitter

Google+ Share

LinkedIn

Email

(Getty Images)

Every question you might’ve had about TFSAs, answered
The TFSA has been around for a while (since 2009 to be exact) and since then we’ve gotten plenty of questions about the investment vehicle…

The Dow Jones Industrial Average is a terrible way of measuring the economy and the stock market, experts agree, which is why its imminent 20,000-point milestone is meaningless.

General Motors will announce a $1 billion US investment in its factories that will create or keep around 1,000 jobs, a person briefed on the matter said Monday, while Hyundai’s president said from South Korea their company will up its investment in U.S. over the next five years.

Earlier today, the Canada Mortgage and Housing Corporation—the crown corporation responsible for housing in Canada—announced it’s raising mortgage loan insurance premiums as of March 17, 2017.

This new increase in CMHC fees “will result in an increase of about $5 a month for the average homebuyer,” as explained in the CMHC press statement.

Steven Mennill, senior vice-president of insurance at CMHC, also said, in the news release that the corporation “doesn’t expect the higher premiums to have a significant impact on the ability of Canadians to buy a home. Overall, the changes will preserve competition in the mortgage loan insurance industry and contribute to financial stability.”

Ratehub.ca co-founder and President of Canwise Financial, James Laird, added: “Relative to the rule changes that were implemented in late 2016 this is not a major change. Premiums will be increased for all of those Canadians with less than 20% down, but these premiums are added on to the mortgage and paid off over the life of the mortgage, so the cash required on closing does not change…