“As history has repeatedly proven, one trade tariff begets another, then another – until you’ve got a full-blown trade war. No one ever wins, and consumers always get screwed” – Mark McKinnon Bank of Canada Holds Key Rate Steady Citing “growing trade uncertainty”, the Bank of Canada announced they would hold rates steady on Wednesday…. Read More
The Smof Investment Blog
“Don’t tell me what you value, show me your budget, and I’ll tell you what you value” – Joe Biden Liberal Government Announces 2018 Federal Budget On Tuesday, the Liberals and Finance Minister Bill Morneau announced their 2018 Federal Budget, the third budget of their term. This budget is a bit of a mixed bag,… Read More
“I am proud to be paying taxes in the United States. The only thing is I could be just as proud for half of the money” – Arthur Godfrey TSX Rises for 6th Straight Week The New York Stock Exchange’s S&P/TSX composite index rose by 39.22 points (0.25%) on the day to close at 15,857.22. This… Read More
“Try not to become a (wo)man of success. Rather become a (wo)man of value” – Albert Einstein TSX Hits 7-1/2-Month High on Rising Commodity Prices The New York Stock Exchange’s S&P/TSX composite index rose by 64.97 points (0.41%) on the day to close at 15,807.17. This represents a gain of 78.85 points (0.50%) over last week’s… Read More
“Once the speculative tide starts running, few can resist its pull” – John Train TSX Retreats on Sagging Oil The New York Stock Exchange’s S&P/TSX composite index dropped 47.98 points (0.30%) on the day to close at 15,728.32. On the week, the TSX gained 88 points (0.56%). The main drag on the TSX on Friday was… Read More
“Only when the tide goes out do you discover who’s been swimming naked” – Warren Buffett TSX Hits 4-Month High, Now Positive for the Year The New York Stock Exchange’s S&P/TSX composite index gained 16.69 points (0.11%) on the day to close at 15,634.94. The TSX gained 180.71 points this week (1.17%) over last Friday’s close… Read More