“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas” – Paul Samuelson North America The TSX closed at 16,255, down -101 points or -0.62% over the past week. YTD the TSX is up 0.28%. The DOW closed at 25,967, up 177 points or 0.69% over the… Read More
“Money may not buy happiness, but I’d rather cry in a Jaguar than on the bus” – Francoise Sagan Weekly Update – By The Numbers North America The TSX closed at 16,356, up 32 points or 0.20% over the past week. YTD the TSX is up 0.91%. The DOW closed at 25,790, up 121… Read More
“About the time we can make the ends meet, somebody moves the ends” – Herbert Hoover Anthony’s Financial Brief – 2018 Mid-Year Review Following a particularly volatile start to the year in the first quarter, many global equity markets delivered somewhat steadier returns in the second quarter. The MSCI World Index finished the period with… Read More
“Never let facts get in the way of a good story” – Mark Twain Weekly Market Wrap-Up On Friday, US President Trump announced a 25 per cent tariff on strategically important Chinese imports, worth around $50 Billion, along with the threat of further tariffs should Beijing impose their own tariffs in kind. Chinese President Xi… Read More
Administrative Updates We have some important administrative updates we’d like to share with you. 1. E-Consent Added to Wealthview Portal The FundEX Wealthview portal now offers clients the option of electronically signing, or e-consenting, to most forms related to your portfolio. There are many advantages for the client: All documents shared from advisor to client,… Read More
“Nobody likes high interest rates” – Chanda Kochhar Bank of Canada Raises Five-Year Fixed Mortgage Rate The Bank of Canada raised its conventional five-year fixed mortgage rate on Wednesday, from 5.14% up to 5.34%. As we all now know, the BoC’s five-year fixed rate is a crucial piece of information for prospective home buyers in… Read More