The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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Intuitive Machines stock plummets after second apparent sideways moon landing - Reuters Mar 7th
Intuitive Machines stock plummets after second apparent sideways moon landing ReutersIntuitive Machines Stock Plunges Another 34% After Troublesome Lunar Landing Barron'sNASA Sets Coverage for Intuitive Machines’ Second Private Moon Landing NASAIntuitive Machinesâ€.... More »
Frankie earns $53,000 but has a mountain of credit card debt. Can he ever climb out of this hole? Feb 20th
The 24-year-old Toronto writer says tracking his spending was a ‘wake-up call,’ but feels ‘it’s never too late’ to get his financial house back in order.... More »
How much should I have in my RRSP? + MORE Feb 18th
For many Canadians, investing in their registered retirement savings plan (RRSP) is the primary way they save for retirement. RRSPs are an invaluable tool, allowing you to stow away funds for golden years while reducing your taxable income today. However, there is no one-size-fits-all way to use the.... More »
Russia-Ukraine live updates: NATO chief tells Russia it cannot win nuclear war - The Globe and Mail Mar 23rd
Russia-Ukraine live updates: NATO chief tells Russia it cannot win nuclear war The Globe and MailNATO calls on China to condemn Russia's war in Ukraine Reuters.comCan China broker an end to Russia's war in Ukraine? The GuardianChina and Russia's military relationship.... More »
U.S. inflation rate cools to 8.2%, but core prices still trending in wrong direction — up - CBC News Oct 13th
U.S. inflation rate cools to 8.2%, but core prices still trending in wrong direction — up CBC NewsNew York Fed Survey Shows Sticky Inflation Expectations The Wall Street JournalInflation declining more slowly than previously anticipated: Fed minutes Yahoo FinanceUS.... More »
Making sense of the markets this week: January 25, 2021
– moneysense.ca
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The best post-election surge in modern presidential history
Stocks gained about 13% between U.S. election day and Jan,19, the day before Joe Biden’s inauguration—marking the best post-election market performance for a new president in more than half a century. Then on inauguration day (Jan. 20), U.S. stocks gained another 1.38%, moving to yet another all-time high.Â
For the time being, President Biden can legitimately claim the U.S. stock markets have been at an all-time high for the entire duration of his term. (Insert winky-face emoji.) The trend continued on Jan. 21 with slight gains; and while Friday’s close was down slightly, markets were still up 1.9% for the week.
According to that CNN Business post, here’s the story on the second place holder for post-election performance: My personal favourite, JFK…
“The second-biggest surge was from late 1960 to early 1961, when John F…
