- Canada’s six banks all beat earnings expectations.
- Markets are consolidating since mid-February after a huge run up and as the Democrats seek to move a $1.9 trillion stimulus bill through the Senate.
- The yield curve steepens – interest rates are moving up.
- Vaccines and herd immunity seem to be on the horizon.
Market Update January 2021
Happy New Year!
In this update…
- How markets finished 2020
- What do I expect next?
- TFSA and RSP contributions
Market Update December 2020
Seasonally, September and October are often weak months within the calendar and this year was no exception, as the market resembled a seesaw, lacking clear direction.
That all changed in November as a contentious U.S. election was settled and new vaccine news caused the market to start looking forward to a post Covid-19 economy – and it did…