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…
The World Economy in One Chart
Notice Canada vs the U.S. (pink)… This is why you own exposure to the U.S. market.
Link below…
https://www.visualcapitalist.com/the-88-trillion-world-economy-in-one-chart/
Source: Visual Capitalist Sep 15/20
National Bank Financial – Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada (NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).