What you need to know.
Forty-one of Morningstar Canada’s 44 fund indices increased during the month of February, reveals a preliminary report by Morningstar Research. In fact, 20 indices increased by more than 2%. The indices measure the aggregate returns of funds in various standard categories. Most stock market indices outside Canada were positive in February, while the Canadian dollar […]
Last week, the U.S. Treasury secretary hinted he's considering issuing government debt with maturities of as long as 100 years.
The one-year forward P/E ratio for the S&P 500 is 17.7, reports Factset. That’s the greatest level since 2004. “The only time one-year multiples were higher in recent memory was during the tech craze of the late 1990s,” says Avery Shenfeld, chief economist at CIBC Capital Markets, in an economics report. “And that didn’t end […]
Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3% in January from December to a seasonally adjusted annual rate of 5.69 million, reveals U.S. data from the National Association of Realtors. However, sales remain 21.5% below the all-time peak in 2005, says […]
The U.S. market has surprised to the upside. Still, stay focused on companies with normalized earnings potential.
Technology, not NAFTA, has cut manufacturing jobs. Read: Is Canadian business confidence on shaky ground? In fact, manufacturing’s share of U.S. GDP has been stable for decades, reveals a Scotiabank economics report. Despite President Trump’s talk of trade imbalances and job losses, NAFTA is a trade success story, having tripled the continent’s trade and ensured […]
A status update on U.S. financial regulation
Across North America, infrastructure investment is a hot topic. Here’s what to watch.
President Donald Trump is set to sign orders that will have a major impact on Wall Street.