Having just experienced the longest bull market in history, it has only included two corrections – in late 2015 and this current one. This is highly unusual, as history would suggest 10% pull backs should occur much more frequently than our recent history.
Santa hasn’t visited Mr. Market this Christmas – Yet
The bull market cycle has lasted more than ten years, the longest in history. Historically, it would be more normal to experience a 10% correction almost every year during a US$ stock cycle. In the last ten years, we have now experienced just two.
Market Update – November 2018
September and October acted like they often do historically, as “bad market months” within the calendar year.
Market Update – September 2018
- Canadian & U.S broad market performance year-to-date.
- U.S. Estate Tax – and you?
- U.S. Mid-term elections November 6th
- Parking downtown – a few options
Knowledge Idea #2
If you or your kids have a mortgage, it is likely you or they have mortgage insurance. There are some key differences between mortgage insurance issued by a bank and term insurance. I believe most clients with mortgage insurance issued by a lender are unaware of the potential risks.
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