“The Economy continues to expand, continues to rebound, said Quincy Krosby, Chief Market Strategist at Prudential Financial … Americans are travelling by car, travelling by air, and that’s reflected in the oil prices”. June 3, 2021 = Delta (DAL) foresees business travel ‘renaissance” as airlines tally leisure rebound. Read More…
Releases
Vanguard Canada’s AUM (ETFs) as at May 31, 2021 stands at an estimated CAD 39.2 Billion, up 23.5% from December 31, 2020, respectively 51.2% y/o/y. (Net inflows y/o/y represented 63.4% of AUM growth, the remaining 36.6% reflecting performance gains). As noted recently, the pace of AUM growth at Vanguard has…
At least have a conversation about it … Monday … A Goldman Sachs report suggested that 5 tech stocks that have surged by $ 5 Trillion (!!!) in value could get hammered as the Biden Administration seeks various tax increases. Needless to say … as a result, the week didn’t…
Market Action – This past week saw markets challenged by the prospect of rising taxation (Biden administration indicating taxes may rise significantly for the higher income earners echelons), concerns (Canada’s third wave triggering additional government imposed restriction/extension of lockdown duration in Ontario) regarding COVID-19 developments (and impact on the reopening…
In case you missed our webinar yesterday, here is a link taking you directly to it: https://youtu.be/_vQEVbGzbwQ Respectively to Mindpath Virtual’s Commersphere platform: https://www.commersphere.com//login_cs.php?var=1&showid=38&lang=en where you can access it as well, alongside additional content and information related to ETFs. Mindpath Virtual 2020 agenda and content is also available there for…
It appears so! Even when looking just at investment vehicles that were launched in order to give the average investor access to portfolio managers that they would otherwise not have access to (ie mutual funds and ETFs), as well as tax-efficient products such as TFSAs and RRSPs, there is a…
You will note that we have added a new tab to www.credo.ca called FinEventCentral. The goal of this site is to list upcoming opportunities that are relevant to individuals in the financial industry. Whether virtual (webinar, podcasts, streaming, etc.) or live (when they come back) we will try to list…
And if I had 3 Trillion Dollars … (TWTW – Mar 29- April 2, 2021) Hedge Fund Blow up – So the news entering this shortened workweek, aside from the Suez Canal saga heading for the history books, is that there was indeed some explanatory power to be found regarding…
Insurance, whether it is being used for wealth preservation or as a safety net, has a place in our financial well-being. Those of us who have been around for a handful of decades or more will remember that insurance companies had captive salesforces. In addition, everyone had a family member,…
One Year later – Markets bottomed March 23, 2020, after the fastest and most brutal Bear markets from highs reached barely a month prior, at the hands of a pandemic forcing total shutdowns across economies worldwide. Is this week’s Suez Canal saga – clogging world trade – a good illustration…