I am disappointed that I missed my blog yesterday since I go to extra lengths each day to complete something – I apologize.
The S&P/TSX Composite Index Canada’s Main stock index advanced for a 2nd straight day erasing the losses from earlier in the week. Energy issues gained on stronger oil prices and financials got [...]
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I have considered myself a “disgruntled optimist” because the credit crisis was never supposed to happen and wouldn’t have if the central banks and governments around the world had properly regulated a free market, although clearly this did not happen.
I am an optimist because I know that these very same central banks and [...]
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The TSX/S&P Composite Index, Canada’s main stock index fell broadly on Friday to its lowest closing in 3 months. The heavily weighted energy sector declined on falling oil prices and the financial sector declined on worries over the U.S. banking sector.
The financial sector fell 5% as it was swept up by fears that some [...]
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There is no silver bullet and there is no single solution. The economy is contracting at a record pace and we are in uncharted territory. The S&P/TSX Composite Index, Toronto’s main stock index, managed to push ahead with a small gain yesterday as energy issues strengthened on higher oil prices which managed to [...]
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Welcome to Canada U.S. President Barack Obama!
Toronto’s main stock index fell broadly yesterday for the 3rd straight day touching a new low for the year, pressured by weak energy and financial sectors and a slide by Rogers Communications. The heavily weighted financial, telecom and energy sectors all retreated 3.6%.
President Barack Obama’s $275 billion plan [...]
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The TSX/S&P Composite Index Toronto’s main stock index dropped yesterday to its lowest level in 7 weeks as resource issues slumped on falling oil and base metal prices (excluding gold) and as concerns once again grew over the global financial crisis.
The financial services sector led the TSX lower closing down 6.4%, the steepest 1 day [...]
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The long weekend in both Canada and the United States feels like a distant memory as we once again make history today. President Barack Obama today signs into law one of the largest pieces of legislation in U.S. history, a $787 billion stimulus package that combines massive tax breaks and government spending designed to [...]
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Okay – this might be a bit long but there are a lot of new developments coming from Capitol Hill and they are driving stock market sentiment on a minute by minute basis this week!
There is a little bit of optimism and confidence back in the market after a hard week likely attributable to bargain [...]
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The S&P/TSX Composite index fell yesterday by 0.91%, dragged down by the information technology sector as shares of Research In Motion (RIM), an index heavyweight, dropped by about 15% on a profit warning. The BlackBerry (or as some like to say Crackberry as avid or addicted users use the device 24/7) maker forecasted its [...]
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The S&P/TSX Composite Index, Toronto’s main stock index, extended losses on yesterday afternoon (it was positive for a minute in the morning), as the oil & gas sector sank on lower oil prices and as concern over the U.S. bad debt plan hit the heavily weighted financial services sector. The S&P/TSX composite index [...]
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