Items that may only interest or educate me …. Oil price caps, latest change to the Canadian interest rate, electric vehicles are not enough to offset the energy consumption of global population and economic growth, will there be a Nickel cartel, … This week marked the start of the Group of 7 (Canada, France, Germany, […]
Tag: cr
Weekly Update for the week ending December 2, 2022
Items that may only interest or educate me …. Welcome to December, TSX prospects for 2023, a fourth quarter comeback for the S&P, lower interest rate hikes, an inflation speed bump, Canadian banks’ earnings, and the next increase to the Canadian interest rate November is over and ended with a bang thanks to the optimism […]
Weekly Updates for the week ending November 25, 2022
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 […]
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 […]
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) […]
Look to the future for opportunities
Back at the start of the year, in January 2022, financial analysts were warning, if not screaming, that inflation and higher interest rates were coming. Prices were rising and it was going to cost more to pay off debt, be it loans, mortgages, or corporate debt. That we knew should have planned accordingly (I did […]