How will the outcome of the U.S. election affect financial markets? + MORE Nov 1st

TSX getting you down? There are always sound investment alternatives.

Latest News

Making sense of the markets this week: November 24, 2024 Nov 22nd

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. Can’t stop the Nvidia train Nvidia is now the world’s largest company. You know it’s growing quickly when there ar.... More »

Why Canadian consumer debt continues to grow Nov 27th

Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say. Newcomers and consumers who borrowed money for the first time in the past 12 to 36 months saw the.... More »

Two ways to lower risk in your investment portfolio with ETFs Nov 8th

With U.S. equity indices like the S&P 500 hitting all-time highs repeatedly this year, the investment atmosphere is charged, especially post the recent U.S. presidential election. The victory by Donald Trump has injected volatility into the markets, given the uncertainty of what his administrati.... More »

The best GIC rates in Canada for 2024 Nov 25th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »

The best RRSPs in Canada for 2024 + MORE Nov 13th

Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differ.... More »

Making sense of the markets this week: November 3, 2024

– moneysense.ca

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.

Apple, Nvidia growth—no cap

Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic question: “What is the most valuable company in the world?” Both are worth somewhere around $3.5 trillion. (All figures in this section are in American currency.)

To put that in perspective, each company is worth more than the entire Canadian stock market. Add up all of our banks, railways, energy companies, telecoms, REITs (real estate investment trusts), pipelines, grocery stores, insurance companies, utilities, gold miners and anything else you can find, but Apple or Nvidia are each worth more than the totality of companies listed on the Toronto Stock Exchange.

So, when either reports earnings, it’s a big deal.

Big tech earnings highlights
Here are what the tech companies shared this week…

Continue Reading On moneysense.ca »

How will the outcome of the U.S. election affect financial markets?

– moneysense.ca

Whichever candidate wins the U.S. president election next Tuesday, experts say investors will be relieved to shed some uncertainty over what kinds of policies to expect.

But macroeconomic factors like interest rate cuts and geopolitical tensions will be far bigger influences on markets in the coming year than the outcome of the election, they say.

“What we really look at … is looking at which candidate can play a more critical role in shaping economic growth,” said Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd.

Featured accounts

Share