Items that may only interest me …. More interest rate hike news, a reversal of fortunes for the Energy and Technology sectors, the city of tomorrow, and lucky investing In Canada the Bank of Canada (BoC) hiked its benchmark interest for the sixth time this year, this time by 0. 5%, bringing the Canadian benchmark […]
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The week ending October 21, 2022
Items that may only interest me …. Statistics Canada data released this week showed Canada’s Consumer Price Index (CPI) year over year inflation rate for September rose to 6.9%, decelerating from 7% in August (analysts were expecting 6.8%). That is the third successive month that the year over year CPI has dropped. As well, Canada’s […]
The week ending October 14, 2022
Items that may only interest me …. For some analysts, semiconductor (chips) manufacturers are considered a proxy for economic growth. That is not good news as lately chipmakers have issued ominous warnings about the economy. Last week, AMD and Samsung both revealed that demand for their chips has plunged — a bad omen for the entire […]
The week ending October 7, 2022
Fractional shares…. With the start of a new quarter, comes an update of all three Portfolios as of September 30. Check out the latest holdings and gains for Portfolio 1, Portfolio 2, and Portfolio 3. After a terrible third quarter, investor sentiment is definitely bearish. However, with very low expectations its possible the fourth quarter […]
The week ending September 30, 2022
Fractional shares…. And so ends the third quarter of 2022. After a rally to start the quarter, the markets ended with a thud! The Toronto Stock Exchange Composite Index (TSX) is doing the best of the four major North American Indexes, and it is in a market correction (down more than 10% from recent highs). […]
The week ending September 23, 2022
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, […]