Market Update
Summer 2023 Market Update
The summer began on an optimistic note for stock markets, with the S&P 500 closing the first half of this year with a gain of more than 20% since its October 2022 low. As a result, many believe that this was the start of a new bull market cycle. However, in my opinion, I don’t…
Investment Income & Income Tax
Interest income refers to the compensation an individual receives from making funds available to another party. Interest income is typically earned on fixed income securities, such as bonds and Guaranteed Income Certificates (GICs)…
Spring 2023 Market Update
Special Update – What happened to Silicon Valley Bank (SVB)? In its most simplified form, a bank’s activities traditionally boil down to taking deposits (a short-term liability for the bank) and making loans (a long-term asset). To ensure its sustainability, the financial institution must therefore ensure that it maintains sufficient high-quality liquid assets to meet…
Winter 2022 Market Update
Since our update in September, we have seen a considerable rebound in most markets, with the Canadian and U.S. indices up over 5% in November…
Fall 2022 Market Update
Private Wealth Market Update Most major financial markets had a good run throughout the summer. However, the tone seemed to change after U.S. Fed Chair Jerome Powell spoke at the Jackson Hole meetings, during the last week in August. His consensus that interest rates may need to stay elevated for longer seemed accurate, as the…