“About the time we can make the ends meet, somebody moves the ends” – Herbert Hoover Anthony’s Financial Brief – 2018 Mid-Year Review Following a particularly volatile start to the year in the first quarter, many global equity markets delivered somewhat steadier returns in the second quarter. The MSCI World Index finished the period with… Read More
Following a particularly volatile start to the year in the first quarter, many global equity markets delivered somewhat steadier returns in the second quarter. The MSCI World Index finished the period with a gain of 1.9% in U.S. dollar terms, while the S&P 500 Index, a broad measure of U.S. stocks, rose about 3.4%. Overseas… Read More
“A strong economy begins with a strong, well-educated workforce” – Bill Owens WEEKLY MARKET WRAP-UP – BY THE NUMBERS North America The TSX closed at 16436, down -125 points or -0.75% over the past week. YTD the TSX is up 1.40%. The DOW closed at 25058, up 39 points or 0.16% over the past week.YTD… Read More
“Someone’s sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett Bank of Canada Raises Overnight Rate to 1.50 Per Cent The Bank of Canada, as widely expected, hiked its benchmark interest rate on Wednesday. The rate now sits at 1.50 per cent. Two key growth engines –… Read More
Miles Zyblock, Chief Invesment Strategist with Dynamic Funds, released an interesting article this week. The summary is that the U.S. and Japan were entrenched in their own trade war during the 80s, which took 12 years to settle. Despite the trade tensions, it was a pretty good decade for markets. In other words, capital markets… Read More