‘’The Stock Market is Melting up. Prepare for a Short-Term Correction.’’ This was the caption from an article published in this week’s edition of Barron’s Magazine. As of date of publication the S&P 500 was up 14 of the previous 15 weeks. This is the first time this has happened
After a pretty rough 2022, 2023 was an improvement for both the equity and bond markets. So, what do we think is ahead for 2024?
Tax-Free First Home Savings Account The First Home Savings Account (“FHSA”) was introduced in the 2022 Federal Budget to address the increasing difficulty Canadians are experiencing in buying a first home due to rising real estate values. The FHSA is intended to help Canadians save and fulfill their dreams of
We have always been taught that diversification is good, as is being defensive in a difficult equity market. In past, this has been mostly true but in the last few years that didn’t really help and here’s why. Bonds Bonds have been an integral part of a diversified investment portfolio
September is historically the worst month of the year and this year didn’t disappoint. Wait, yes it did. The TSX Composite was down about -3.7% and the S&P 500 was down about -4.9%. Year to date, Canada was only up about 0.8%. The S&P 500 and NASDAQ have vastly outperformed Canada and the Dow Jones Industrial Average. What’s next?
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