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Shannon Lee Simmons defines “emotional return on investment” and her take on personal debt Jan 28th
Three-time author, founder and Certified Financial Planner Shannon Lee Simmons is no stranger to going off-budget—and she’s not afraid to talk about it. After quitting her Bay Street job to start her own advice-only financial planning firm, the New School of Finance, she found herself in more de.... More »
Weekend Reading – Our tax code mess, screeners, doing it all wrong, Aeroplan and more + MORE Oct 2nd
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Welcome to October Weekend Reading friends. Although I’m not a huge baseball fan I was happy to see the Jays win the AL East title this week. I’ll probably start watching more baseball now the playoffs are coming and the Jays ar.... More »
Making sense of the markets this week: July 16, 2023 + MORE Jul 14th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
Hello again, MSOTM readers. I’m back from an all-too-brief summer vacation, and I’m ready to zero in on where the markets are head.... More »
Ottawa gets it right on funding for disaster mitigation + MORE May 1st
The $2-billion investment is designed to reduce the almost $9-billion spent by the federal government in unbudgeted disaster relief expenditures from 2005 projected through 2020.
.... More »
TSX, US markets climb by one per cent - Waterloo Record + MORE Sep 16th
TSX, US markets climb by one per centWaterloo RecordTORONTO — Major North American stock markets climbed Thursday, boosted by weak U.S. retail sales data that traders took as a sign the Federal Reserve may delay raising interest rates. In Toronto, the S&P/TSX composite index racked up a three-.... More »
Asian stock markets mostly down as US data reinforces view Fed to reduce stimulus
– canadianbusiness.com
KUALA LUMPUR, Malaysia – Asian stock markets made a lacklustre start to the week after unexpectedly strong U.S. economic growth and hiring reinforced expectations that the Federal Reserve will start cutting back stimulus soon. Stocks in Manila sank after a typhoon devastated the eastern Philippines, killing thousands of people.
Investors were also waiting to see if China’s communist leaders, who started a four-day meeting in Beijing on Saturday, would announce reform plans to bolster the world’s No. 2 economy as it comes under pressure from industrial overcapacity, high debt and surging house prices.
Hong Kong’s Hang Seng inched up 0.1 per cent Monday to 22,773.73 while China’s Shanghai Composite fell 0.2 per cent to 2,102.79. Seoul’s Kospi dropped 0.3 per cent to 1,979.55 and Australia’s S&P/ASX 200 shed 0.5 per cent to 5,376.30. Japan’s Nikkei 225 bucked the trend, rising 1 per cent to 14,256.80.
The PSE Composite in Manila sank 1.8 per cent to 6,239…
Investors were also waiting to see if China’s communist leaders, who started a four-day meeting in Beijing on Saturday, would announce reform plans to bolster the world’s No. 2 economy as it comes under pressure from industrial overcapacity, high debt and surging house prices.
Hong Kong’s Hang Seng inched up 0.1 per cent Monday to 22,773.73 while China’s Shanghai Composite fell 0.2 per cent to 2,102.79. Seoul’s Kospi dropped 0.3 per cent to 1,979.55 and Australia’s S&P/ASX 200 shed 0.5 per cent to 5,376.30. Japan’s Nikkei 225 bucked the trend, rising 1 per cent to 14,256.80.
The PSE Composite in Manila sank 1.8 per cent to 6,239…
