“What We Think, We Become” – Buddha


Oil Continues Advance Friday But Markets Mixed

The week ended with a flurry of data from some major economies with some negative impact on equities.  Despite oil prices rising by more than 2 per cent – the second day of strong gains – the main TSX index closed lower, tracking losses for Wall Street.  In New York, 2 of the main indexes slipped having closed at record highs in the previous session as weak data on retail and producer prices weighed. The Nasdaq closed slightly higher.  Asian markets closed mostly higher earlier in the day despite weak data from China. European markets closed mixed as GDP data showed disparity for the Eurozone bloc; Germany beat expectations, Italy failed to grow and the aggregate for the bloc was roughly in line with forecasts. The S&P/TSX composite index lost 48.61 points to 14,747.45.  The Canadian dollar was at 77.15 cents US, up 0.11 of a cent from Thursday’s close.  South of the border, the Dow Jones industrial average fell by 37.05 points at 18,576.47, the broader S&P 500 composite index slipped 1.74 points to 2,184.05, and the Nasdaq composite added 4.49 points to 5,232.89. Gold finished at $1,340.90 an ounce.


Hillary Clinton’s Tax Return

Do you want to see Hillary Clinton’s Personal Tax Return for 2015?  Here it is; right here.


Hillary and Bill submit their tax returns as “married filing jointly“ which is a U.S. option of filing. The total income figure is $10,745,378   The income is mostly generated from Hillary’s speaking, writing and consulting income of $4,147,325 and Bill’s income of $6,020,947 from the same activities. The balance of their earnings is from various investment income and pensions. Their total tax paid was $3,624,455 or 33% of income.  The number of charitable donations was $1,042,000 or 10% of income.
The 2015 figures are a bit of a step down from 2014 where they made $28,336,212 and paid taxes of $9,981,350.


Sources: Bloomberg; Investment Executive;  advisor.ca,