Items that may only interest or educate me …. Increased TFSA contribution limit, probability of smaller interest rate increases in Canada and the USA, potential rail system gridlock (again) Let us start with some good news. The annual contribution limit for Canada’s tax-free savings account (TFSA) is set to rise from C$6,000 to C$6,500 for […]
Monthly Archives: November 2022
The week ending November 18, 2022
Items that may educate or interest only me …. Thanks to higher interest rates and slowing revenues, many companies are starting to feel the pinch of inflation. Higher interest rates are causing consumers to cutback, and even target what they purchase. According to Howard Marks, of Oaktree Capital, the combination of inflation and higher interest […]
Tailwinds (Good), Headwinds (Bad)
Tailwinds and Headwinds were originally posted in the Weekly Updates for May 6 and May 13, respectively. When I originally wrote about these two topics in May 2022, the three American Indexes – the S&P 500 Index (S&P), the Dow Jones Industrial Average (DJIA), and the Nasdaq Composite Index (Nasdaq) – were trending downward since […]
The week ending November 11, 2022
Items that may only interest or educate me …. … lest we forget, more Canadian rate hikes, American October CPI, US mid-term elections, semiconductors. Let’s begin … Thanks to surprisingly huge jobs gains in Canada in October (108,000 new jobs, more than ten times the number economists expected), analysts believe the Bank of Canada (BoC) […]
The week ending November 4, 2022
Items that may only interest or educate me …. This week: Canada’s Fall Economic Statement, latest US interest rate hike, UK interest rate hike, OPEC, world’s strongest dollar. Let’s begin. This week, Canada’s Fall Economic Statement showed Canadian finances have improved thanks to a windfall of revenue from the oil and gas energy and taxes […]