- 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…
Market Update September 1, 2020
…if you don’t own any technology, you have potentially lagged the market in terms of performance lately.
Market Update August 2020
I hope this letter finds you well and that you are enjoying summer despite some of the restrictions currently in place.
Markets continue to recover from the late February and March correction. Here is how markets look at the close August 5/20 …..