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 […]
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The week ending November 4, 2022
Items that may only interest or educate me …. This week: Canada’s Fall Economic Statement, latest US interest rate hike, UK interest rate hike, OPEC, world’s strongest dollar. Let’s begin. This week, Canada’s Fall Economic Statement showed Canadian finances have improved thanks to a windfall of revenue from the oil and gas energy and taxes […]
The week ending October 28, 2022
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 […]
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 12, 2022
Spare change…. After falling 20% from its April highs to its June lows, thanks to a July rally, the Toronto Stock Exchange Composite Index (TSX), is now up 10% from it June lows. Before getting too excited, the TSX is still down almost 6% in 2022. The good news continues in the US where the […]