“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
The Smof Investment Blog
“A strong economy begins with a strong, well-educated workforce” – Bill Owens WEEKLY MARKET WRAP-UP – BY THE NUMBERS North America The TSX closed at 16436, down -125 points or -0.75% over the past week. YTD the TSX is up 1.40%. The DOW closed at 25058, up 39 points or 0.16% over the past week.YTD… Read More
“Someone’s sitting in the shade today because someone planted a tree a long time ago” – Warren Buffett Bank of Canada Raises Overnight Rate to 1.50 Per Cent The Bank of Canada, as widely expected, hiked its benchmark interest rate on Wednesday. The rate now sits at 1.50 per cent. Two key growth engines –… Read More
“When you invest, you are buying a day that you don’t have to work” – Aya Laraya CSA Publishes New Mutual Fund Industry Proposals Canadian Securities Administrators (CSA) published a consultation paper of interest to investors of mutual funds. The paper contained three main proposals, all aimed at enhanced client protection. You can read our… 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
“Life is a long lesson in humility” – James M. Barrie Beware: “CRA” Phone Scams Continue We would like to, once again, remind you that scammers are still at it. The ruse is simple, yet effective: you receive a phone call from a person who claims to be from the CRA or representing the CRA;… Read More