What Trump’s troubles mean for the stock market + MORE May 20th

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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Making sense of the markets this week: January 7, 2024 + MORE Jan 5th

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. A look at 2024 Since we made this crystal ball thing look pretty easy last year with our 2023 markets forecast, we’re .... More »

5 things to know before the stock market opens Thursday - CNBC Aug 31st

5 things to know before the stock market opens Thursday  CNBCU.S. stocks up again in 'bad news is good news' world  BNN BloombergStocks Finish Higher as Speculation Builds for a Less Aggressive Fed  BarchartStock market today: Global shares trade higher ahead of US upda.... More »
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47% of workers living paycheque to paycheque + MORE Sep 6th

TORONTO — A new survey by the Canadian Payroll Association suggests nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels. The poll found that 47 per cent of respondents said it would be difficult to meet their financial obligations if their paycheque wa.... More »

Making Sense of the Markets this week: June 26 + MORE Jun 24th

It was the week of April 3, 2022, when I signed off from writing the “Making sense of the markets” column. It is wonderful to be back filling in for Kyle Prevost (he’s on vacation), who took over the column. Kyle’s insights and writing give the column a nice jolt. I am so glad to see it in g.... More »

Wealthsimple review 2020 Sep 17th

Maybe you’re here for our Wealthsimple review because its slick ads featuring frank talk on finances from Hollywood actors, such as Mark Duplass and Aubrey Plaza, made you curious. Or maybe its highly relatable celebrity social media posts, like Queer Eye’s Jonathan Van Ness declaring his First .... More »
The investigation into Donald Trump and Russia: FAQ(Kevin Lamarque/Reuters)
In recent weeks President Donald Trump has been at the heart of one political bombshell after another related to his campaign’s ties to Russia, but his move to fire FBI Director James Comey ratcheted up pressure on the Trump administration. With the appointment of a special counsel to investigate the issue, the Trump presidency faces its biggest crisis yet.
To help make sense of it all, we’ve assembled a list of frequently asked questions about the Trump-Russia investigation.
 

What is a special counsel?
What happens if Donald Trump resigns?
Who is Robert Mueller?
Who is Rod Rosenstein?
How does impeachment work, and could it happen to Donald Trump?
What is a trial in the senate?
What is the 25th Amendment, and could it be used against Trump?
How many official investigations are now underway?
What do Trump’s troubles mean for the stock market>

 
What is a special counsel?
Deputy attorney general Rod Rosenstein appointed Robert Mueller to serve as a special counsel for the United States Department of Justice this week, authorizing him to continue the investigation led by former FBI director James Comey into any ties between Russian government officials and individuals associated with the campaign of U…

Continue Reading On macleans.ca »

What Trump’s troubles mean for the stock market(Reuters/Andrew Kelly)
Donald Trump likes to say he moves markets. The past week provided concrete proof of that claim: The Donald acted, and markets fell.
Since the election, markets have largely tuned out the negative headlines about Trump and his administration. Markets generally viewed the goings on in the White House as a distraction from Trump’s promise to implement his so-called pro-growth agenda, such as tax reform.
But the news that Trump allegedly made a personal appeal to  then-FBI director James Comey to drop the bureau’s investigation into former national security adviser Michael Flynn, altered the landscape. That revelation shifted the market’s view that Trump’s agenda might not just be delayed, but completely derailed.
Given the market saw its biggest one-day decline in months before recovering somewhat, the question becomes how might markets respond if this political crisis deepens and Trump either resigns or gets impeached?
History unfortunately doesn’t offer much of a guide…

Continue Reading On macleans.ca »

Strong earnings from Autodesk, Deere boost investors’ spirits after Trump slump

Continue Reading On theglobeandmail.com »

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