TSX getting you down? There are always sound investment alternatives.
Latest News
Life for Hollywood murder - Castanet.net Jun 27th
Castanet.netLife for Hollywood murderCastanet.netA Canadian real estate tycoon's son who wrote a graphic novel that features gruesome killings was sentenced Tuesday in California to life in prison for the torture and mutilation of a live-in girlfriend who had given birth to their child weeks ea.... More »
High interest rates and unemployment: Expectations for June’s rate announcement + MORE May 10th
The odds of a June interest rate cut from the Bank of Canada (BoC) appear to have fallen after the latest jobs report from Statistics Canada showed employment jumped by 90,000 last month. The jobs gain far surpassed forecasters’ expectations and marked the largest employment increase in more than .... More »
7 Questions to ask your financial advisor Feb 19th
Most financial advisors are good people. But too many are squeezed between a desire to serve clients and the requirement to reach revenue targets and sell their firm’s products. Therefore, when you’re evaluating a current or prospective advisor, a healthy dose of “caveat emptor” (buyer bewar.... More »
10 simple ways to save money Aug 18th
As the cost of living increases for Canadians, having a savings strategy has never been more important to ensure you can live comfortably in the future. But many are unsure where to start. Not having a thought-through plan or having one that is too rigid and demanding can easily push you off track. .... More »
Inside Tangerine’s Global ETF Portfolios Jun 28th
Asset allocation ETFs were revolutionary when they appeared in 2018, but they were hardly the first products that allowed Canadian investors to own a diversified index portfolio with a single fund. Way back in 2008, the online bank ING Direct launched what they called the Streetwise Funds. Like the .... More »
Home Capital regains footing in weeks since Warren Buffett investment
– theglobeandmail.com
In the two weeks after the Berkshire Hathaway boost, Home Capital attracted $125-million in net new deposits, most to GICs with a fixed term
Tempted to invest in a U.S. tobacco stock? For Canadians, now's the time
– theglobeandmail.com
The loonie is trading at about 79 cents against the U.S. dollar, and now could be an ideal time to invest in tobacco stocks
Home sales across Canada fall 6.7 per cent, biggest monthly drop in seven years
– canadianbusiness.com
Home sales in June posted their largest monthly drop in seven years, driven by a plunge in the Greater Toronto market, the Canadian Real Estate Association said Monday, the latest evidence that a cool-down in the housing sector is taking hold.
Transactions last month were down 6.7 per cent compared with May on a national basis, the third consecutive monthly decline, with the Greater Toronto Area registering a 15.1 per cent drop.
Home sales are down 14.1 per cent from the record level set in March.
“Changes to Ontario housing policy made in late April have clearly prompted many homebuyers in the Greater Golden Horseshoe region to take a step back and assess how the housing market absorbs the changes,” CREA chief economist Gregory Klump said in a statement.
“The recent increase in interest rates could reinforce a lack of urgency to purchase or, alternatively, move some buyers off the sidelines before their pre-approved mortgage rate expires. In the meantime, some move-up buyers who previously purchased a home before first selling may become more motivated to reduce their asking price rather than carry two mortgages…
Transactions last month were down 6.7 per cent compared with May on a national basis, the third consecutive monthly decline, with the Greater Toronto Area registering a 15.1 per cent drop.
Home sales are down 14.1 per cent from the record level set in March.
“Changes to Ontario housing policy made in late April have clearly prompted many homebuyers in the Greater Golden Horseshoe region to take a step back and assess how the housing market absorbs the changes,” CREA chief economist Gregory Klump said in a statement.
“The recent increase in interest rates could reinforce a lack of urgency to purchase or, alternatively, move some buyers off the sidelines before their pre-approved mortgage rate expires. In the meantime, some move-up buyers who previously purchased a home before first selling may become more motivated to reduce their asking price rather than carry two mortgages…
First half check-up
– moneysense.ca
The first half of 2017 is in the history books. While the TSX only rose 0.74%, broader markets did very well. In Canadian dollar terms, the S&P 500 posted a gain of 5.68% for the first six months. Japanese equities increased 6.42% while European stocks returned 12.05%. Emerging markets topped the list with a sizeable rally of 14.63%.
The questions investors should be asking now, however is what comes next. Will Canadian equities play catchup with the rest of the world? And how will rising interest rates in Canada and the U.S. affect portfolios? Before we get to that we should understand what drove those markets through the first six months of the year.
Sign up for our free investing newsletter »
Since January investors embraced equities as global economic data has been generally been healthy. While there were headwinds, both economic and geopolitical in nature, none managed to meaningfully scare markets. As a result volatility remained low by historical standards.
Putting the financial crisis in the rear-view mirror
Having been ultra-dovish for years, many central banks are now either making hawkish noises or taking hawkish actions…
The questions investors should be asking now, however is what comes next. Will Canadian equities play catchup with the rest of the world? And how will rising interest rates in Canada and the U.S. affect portfolios? Before we get to that we should understand what drove those markets through the first six months of the year.
Sign up for our free investing newsletter »
Since January investors embraced equities as global economic data has been generally been healthy. While there were headwinds, both economic and geopolitical in nature, none managed to meaningfully scare markets. As a result volatility remained low by historical standards.
Putting the financial crisis in the rear-view mirror
Having been ultra-dovish for years, many central banks are now either making hawkish noises or taking hawkish actions…
The Globe and MailHousing sales fall in most markets across CanadaThe Globe and MailHouse sales fell in a majority of markets across Canada in June, suggesting the real estate sector is cooling just as interest rates are starting to climb and Ottawa is proposing tougher mortgage rules. Sales fell in Toronto and most nearby cities …A Third Of The Money In Toronto's Housing Market Has DisappearedHuffington Post CanadaToronto real estate market still healthy despite plunging sales: John ToryMetroNews CanadaCanada's Non-Stop Housing BoomSeeking Alphaall 29 news articles »
