Items that may only interest or educate me …. Canadian interest rate moves higher, Fed inline for a ‘soft landing,’ looking forward, big tech downsizing…. This past week, as widely anticipated, the Bank of Canada (BoC) raised the Canadian interest rate by 0.25%, bringing the benchmark rate to 4.5%. The BoC also said they are […]
Monthly Archives: January 2023
Fourth Quarter and Twelve Month Review
After twelve months of watching global storm clouds constantly pound the three portfolios lower, finally a ray of light. Not much of a ray but at least the storm clouds started to recede. Since the start of the fourth quarter, three of the four major North American indexes finished the quarter higher than they started. […]
Weekly Update for the week ending January 20, 2023
Items that may only interest or educate me …. AI coming to a cloud near you, Canadian interest rates, US interest rate data, globalization meets friendshoring … Microsoft (NASD:MSFT) is considering adding more cash to its US$ 1 billion investment in start-up OpenAI, the developer of ChatGPT. Microsoft is already previewing ChatGPT under the name […]
Weekly Update for the week ending January 13, 2023
Items that may only interest or educate me …. TINA meet TARA, Latest US CPI numbers, a golden triangle has appeared… A new acronym makes its way into the investing world, likely at the expense of another acronym. Following the financial crisis of 2008, central banks lowered the cost to borrow money (interest rates) to […]
Weekly Update for the week ending January 6, 2023
Items that may only interest or educate me …. TFSAs, green is the new black, the yo-yo market moves…. One of the best things about New Year’s is the opportunity for a fresh slate. In 2022, every sector in the S&P declined, except the Energy sector, as the S&P suffered its worst year since the […]
Weekly Update for the week ending December 30, 2022
Items that may only interest or educate me …. No Santa rally, January effect … First, lets start off by saying good riddance to 2022 and a big welcome to 2023! So much for a Santa Claus rally to end 2022 on a positive note. Rather than the hoped for year end rally, the Grinch […]