Making sense of the markets this week: January 25, 2021 Jan 24th

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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Bed Bath & Beyond announces plan to raise $1 billion, stock falls 24% - Yahoo Canada Finance + MORE Feb 6th

Bed Bath & Beyond announces plan to raise $1 billion, stock falls 24%  Yahoo Canada FinanceBed Bath & Beyond Plans Share Sale in Bid to Avoid Bankruptcy  BNN BloombergBed Bath & Beyond moves to raise $1 bln to avoid bankruptcy  Reuters.comBed Bath & Beyo.... More »

Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified - IGN Oct 31st

Twitter Reportedly Planning to Charge $20 per Month for Verification, Even For Those Already Verified  IGNWION Fineprint: Elon Musk planning layoffs at Twitter, say reports | World News | WION  WIONElon Musk says Twitter will revise how it verifies users  The Globe and .... More »
 IPO

Innovative Devices are Transforming a Regular Day’s Work in the Financial Services Industry Dec 23rd

When COVID-19 hit, the pace of digital adoption within the financial services industry was accelerated practically overnight. Employees needed a way to stay connected and productive away from the office and turned to the latest digital tools and technologies to make this a reality. Now, there’s no.... More »

Small businesses welcome Ottawa's promised action on credit card fees - Canada News - Castanet.net Nov 5th

Small businesses welcome Ottawa's promised action on credit card fees - Canada News  Castanet.netCredit card fees: Small businesses welcome promised action  CTV NewsSmall businesses welcome Ottawa's promised action on credit card fees  Ottawa.CityNews.caOttawa to regula.... More »

Adidas unsure what to do with €1.2bn Yeezy goods - BBC Mar 9th

Adidas unsure what to do with €1.2bn Yeezy goods  BBCAdidas earnings take beating on breakup with Kanye West  CTV NewsAdidas CEO Floats Idea of Selling Yeezy Gear, Donating Profit  BNN BloombergAdidas still weighing what to do with huge inventory of Kanye West’s Yee.... More »
Making sense of the markets this week: January 25, 2021Each 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. 
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…

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