Since the start of the first quarter, all four of the major North American indexes – Toronto Stock Exchange Composite Index (TSX), the S&P 500 Index (S&P), the Dow Jones Industrial Average (DJIA), and the Nasdaq Composite Index (Nasdaq) – finished the quarter higher than they started, as were the three portfolios. Let’s take a […]
Author Archives: 1investor
Weekly Update for the week ending April 7, 2023
Items that may only interest or educate me …. Canadian economic stats, oil production cutbacks, American jobs cooling, but first …. Last Thursday, Statistics Canada reported the Canadian economy remains strong, adding 34,700 jobs in March, higher than the 12,000 jobs analysts predicted. Employment has been trending upward since September, with March being the seventh […]
Weekly Update for the week ending March 31, 2023
Items that may only interest or educate me …. Canadian budget, Canadian GDP, US Economic data, latest Silicon Bank chapter, … Prior to releasing the latest budget, the current Canadian government said they would be “fiscally responsible” while at the same time spending a whole lot of your taxpayer dollars on the new green economy […]
Weekly Update for the week ending March 24, 2023
Items that may only interest or educate me …. Canadian CPI and sales stats, US interest rate hike, Global central bank hikes, Credit Suisse, Global banking issues, Another online investing app … Statistics Canada’s February Consumer Price Index report showed Canada’s annual inflation rate fell to 5.2% in February, down from January’s 5.9%. February’s rate […]
Weekly Update for the week ending March 17, 2023
Items that may only interest or educate me …. Breaking banks, Deposit insurance, US economic news, European interest rate hike, dividends are a good thing … The US Federal Reserve (Fed) raised interest rates at the fastest pace in years. Last week the financial system cracked with the sudden and unexpected failures of the Silicon […]
48 hours: The Demise of a Bank
The markets were roiled the week ending March 10 by the collapse of the SVB Financial Group (NASD:SIVB), the banker to more than half of the US technology and healthcare startups. The fall of SIVB not only reverberated though the US financial sector but rippled throughout global markets, banking stocks in particular. SIVB was the […]