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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The markets are rallying against all odds. Why?
– moneysense.ca
Over the last four years, it has become increasingly clear that stock market investors don’t care at all about what’s going on in the world.
Right now, America, the world’s largest economy, is entirely devoid of leadership. You would think that having a president who brushes off a brutal pandemic, asks the military to potentially suppress peaceful protests and does nothing to address the week-long beatings of demonstrators and journalists in what’s supposed to be the world’s most democractic country would cause stocks to fall, at least a bit. Nope. Since May 25, the day George Floyd died, the S&P 500 has climbed by 4.3%.
Other than what may soon be considered a blip in a decade-long bull run—a 22-day stock market decline in late February and early March where equities fell by 34%—stocks have barely reacted to COVID-19’s devastation. On March 23, the U.S. reported 43,600 novel coronavirus cases and 500 deaths. Now, more than 1.8 million Americans have been infected, nearly 108,000 people have died and more than 40 million workers are without a job…
Right now, America, the world’s largest economy, is entirely devoid of leadership. You would think that having a president who brushes off a brutal pandemic, asks the military to potentially suppress peaceful protests and does nothing to address the week-long beatings of demonstrators and journalists in what’s supposed to be the world’s most democractic country would cause stocks to fall, at least a bit. Nope. Since May 25, the day George Floyd died, the S&P 500 has climbed by 4.3%.
Other than what may soon be considered a blip in a decade-long bull run—a 22-day stock market decline in late February and early March where equities fell by 34%—stocks have barely reacted to COVID-19’s devastation. On March 23, the U.S. reported 43,600 novel coronavirus cases and 500 deaths. Now, more than 1.8 million Americans have been infected, nearly 108,000 people have died and more than 40 million workers are without a job…
