“The biggest problem is not to let people accept new ideas, but to let them forget the old ones” — John Maynard Keynes TSX Rises, Jobs Growth Keeps Rate Hike Door Open The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,257.97, up 0.43%, or 66.01 points on Friday. The Friday closing number represents a… Read More
The You First Blog
“It’s easy to meet expenses – everywhere we go, there they are.” — Anonymous TSX Flat (Again) as Rising Oil Offset by Financials, Energy and Consumer-Discretionary The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,128.65, a drop of 0.41% for the day. The Friday closing number is a small decrease compared to last week’s… Read More
“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors” – Plato TSX Flat, Loonie Rise Continues The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,180.93 on Friday, a small increase compared to last week’s finish of 15,174.81, although the TSX was down 83.71… Read More
Many of our clients hold at least some CI funds, as CI has a stable of strong fund managers who have proven track records of sound fund management and good returns. Indeed, many of the CI funds that we recommend are top performers in their respective sectors. We are happy to announce that CI is… Read More
“Buying at regular intervals eliminates the risk of over-investing at a stock market peak” – Quentin Lumsden TSX, Loonie Rise on Friday After Bank of Canada Rate Increase The Toronto Stock Exchange’s S&P/TSX composite index closed at 15,174.81 on Friday, a rise of 39.81 points (0.76%) over Thursday’s close, on the back of utility and… Read More
Yesterday, the Bank of Canada (BoC) met market expectations by raising the target overnight interest rate by 25 basis points to 0.75%. Although investors were broadly expecting an increase, it is notable as it marks the first rate hike in about seven years. The BoC’s assessment is that growth in Canada has broadened across… Read More