“History doesn’t repeat itself but it often rhymes” – Unknown In February 2018, we sent out our weekly brief after a week where the DOW experienced two 1000-point drops (the first ever time the DOW had fallen over 1000 points). Two years later, we find ourselves in a similar situation. Before reading about this week’s events, I… Read More
What Happened on Monday and Tuesday? The acceleration of new coronavirus cases outside China over the weekend raised investors’ concerns over its potential ability to damage global growth. On Monday, the DOW fell over 1,000 points yesterday as U.S. equities suffered their worst daily drop in two years, finishing down 3.4% on the day. Emerging… Read More
“Voters want conflicting things. They want a lot of government spending, but they don’t want higher taxes” – Bruce Rauner BC Provincial Budget Announced This week, the BC NDP government presented its 2020 Budget. Overall, the Budget calls for surpluses in 2019/20 ($203 Million), 2020/21 ($227 Million), 2021/22 ($179 Million) and 2022/23 ($374 Million)…. Read More
“Curiosity will conquer fear even more than bravery will” – James Stephens Weekly Update – By The Numbers North America Friday Close Weekly Change Weekly % Change YTD % Change Canada – S&P TSX Composite 17,655 336 1.94% 3.47% USA – Dow Jones Industrial Average 29,103 847 3.00% 1.98% USA – S&P 500 3,328 102… Read More
Between now and the March 2nd RRSP deadline, many of you will contact us to top up your RRSP. To make a purchase, you can call, e-mail or schedule a meeting with us. Here are the various ways you can fund your RRSP account: 1: Pre-authorized debit (PAD): If we have your banking information on file,… Read More