Making sense of the markets this week: December 18, 2022 Dec 16th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.

Latest News

Buying your first car in Canada: Insider tips from a salesperson + MORE Dec 11th

Buying a car is a major financial decision, possibly the biggest purchase you’ll ever make besides buying a home. Monthly housing costs should not take up more than 32% of your gross household income. Your car budget, while much smaller, could still be as high as 10%. And with Canada’s increasin.... More »

This Toronto Floral Shop Is Making the Industry More Sustainable + MORE Oct 12th

Before the pandemic, May Flowers, then a two-year-old floral business, operated like many of its competitors. It focused on wedding and occasion bouquets, and its shop in Toronto’s west end functioned primarily as a depot to fulfill orders. This past spring, right after Mother’s Day—one of.... More »

Former Trump executive Allen Weisselberg sentenced to 5 months in jail for lying in civil fraud case - World News - Castanet.net Apr 10th

Former Trump executive Allen Weisselberg sentenced to 5 months in jail for lying in civil fraud case - World News Castanet.netTrump's Ex-Finance Chief Is Sentenced to 5 Months in Rikers for Perjury The New York TimesTrump civil fraud case: Judge fines Trump $354 million, says f.... More »

Stock market news live updates: Stocks waver as big earnings week begins - Yahoo Canada Finance Jan 23rd

Stock market news live updates: Stocks waver as big earnings week begins Yahoo Canada FinancePre-Market Brief: Stocks Mixed As Investors Brace For Tech Earnings BarchartMarkets: Wall Street drifts CTV NewsU.S. Stocks Trade Sideways As Fed Mouthpiece Hints At Interest.... More »

MoneySense’s free Excel template for your monthly budget Dec 21st

Download: MoneySense monthly budget Excel template Instructions: Click the link above to download the spreadsheet tool.Open the file. Enter your personal and household expenses in the columns titled “Planned” and “Actual.” You can use the “Insert” function to add new rows .... More »

Making sense of the markets this week: December 18, 2022

– moneysense.ca

This week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.

U.S. inflation cools in November

We’ll get to the rate hike decision in a minute, but first let’s look at the Tuesday inflation reading that set the table for serving up a 50-basis point (bps) hike in the U.S.. This move south of the border follows the 50-bps rate hike in Canada last week.

Here’s the recent Canadian rate hike history:

1%: up 50 bps on April 13 1.5%: up 50 bps on June 12.5%: up 100 bps on July 133.25%: up 75 bps on September 73.75%: up 50 bps on October 264.25%: up 50 bps on December 7

The U.S. inflation reading came in cooler than expected. The total (all items) consumer price index (CPI) estimate for November was a 7.3% increase. The print came in at 7.12%—0.18% “cooler” than expected. Core inflation was expected to come in at 6.10%, but the number ticked down to 5.96%—0.14% better than consensus…

Continue Reading On moneysense.ca »

Getting a return on your investment within Canada can be tricky – let us help! Visit our Investment page for the latest advice and articles.

Share