Fractional shares…. The big news that impacted us investors came out of the USA this week, causing share prices to tumble. As expected, the US Federal Reserve (Fed) raised the US benchmark interest rate by 0.75% this week. This was the third straight 0.75% increase. What was unexpected was the Fed’s vow to crush inflation, […]
Tag: aapl
The week ending September 16, 2022
Fractional shares…. Just when supply chain problems were slowly being eliminated, rail workers in the US threatened to go on strike. Fortunately, a deal between the major U.S. railroads and the railroad unions was reached to avert a work stoppage. This was such a crucial deal for the US economy that even President Biden took […]
The week ending September 9, 2022
Fractional shares…. As expected, the Bank of Canada (BoC) raised the benchmark interest rate in Canada by 0.75%, bringing the Canada’s benchmark interest rate to 3.25%, a 14 year high. The new rate is now above their target range of between 2% – 3%. The BoC said they will maintain their aggressive stance and the […]
The week ending August 26, 2022
Fractional shares…. This weekend is the one-year anniversary of this blog – 52 weekly updates, plus the occasional commentary post. There have been changes along the way as we try to figure out what information to feature and how to present it. One thing learned has been earnings seasons are a real grind. It seems […]
The week ending August 19, 2022
Spare change …. Canada’s Consumer Price Index (CPI) inflation for July was 7.6%, down from June’s 8.1%, but still well higher than the Bank of Canada’s target of 2%. As in the US last week, the fall in the price of gasoline was the main driver in the lower CPI. However, when volatile components, such […]
The week ending July 22, 2022
Loose change… This past week Canada’s June inflation rate came in at 8.1%, the highest since 1983. I know I’m feeling the bite of inflation. Higher gasoline prices are driving (pun intended) a lot of that increase, but prices across the board are up – food, housing and transportation are all up. The last time […]