Canadian stocks declined as investor weighed the impact of Prime Minister Justin Trudeau's resignation on markets. Declining oil and gold prices also dragged the shares of commodity producers. The$S&P/TSX Composite Index (.SPTSX.CA)$closed 0.2% to 24,999.79, reversing earlier gains. Decliners outnumbered the benchmark's gains 127 to 84. The$S&P/TSX 60 Index (.TX60.CA)$Index dipped 0.3% to 1498.34. Toronto-listed reverse...
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72608375
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do we think CAD stocks are going to continue to trend downward leading into Trudeau’s resignation guys? whats the word
Kasam
72608375
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I was was thinking the opposite: I believe the opportunity of a change could stimulate the economy, as many seem to blame Mr Trudeau for many existing problems in Canada.
72608375
Kasam
:
I was thinking kind of the same. I know the US are expecting stocks to rise after Trump gets into office. wondering if we’ll be the same with our new leader
People hold different opinions towards the new year perspective. One thing people share in common is the notion of "uncertainty", especially uncertainty on tariff, on high valuation of stocks, on inflation and on economy. In periods of uncertainty, it is crutial to have defensive positions. No defense, no offense. After we set up defensive postions, we know we will do good even if something bad haapens. With the defensive position set, we are in a good shape to find some...
During the first week of March in the US, Fed Chairman Jerome Powell's testimony on Capitol Hill, scheduled for Wednesday and Thursday, and the government's February jobs report on Friday will be the main focus for investors. Besides,$Sea (SE.US)$is set to release its fourth-quarter earnings on Monday while$Broadcom (AVGO.US)$and$Costco (COST.US)$will announce on Thursday. Similarly, in Canada, the central ...
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
72608375 : do we think CAD stocks are going to continue to trend downward leading into Trudeau’s resignation guys? whats the word
Kasam 72608375 : I was was thinking the opposite: I believe the opportunity of a change could stimulate the economy, as many seem to blame Mr Trudeau for many existing problems in Canada.
72608375 Kasam : I was thinking kind of the same. I know the US are expecting stocks to rise after Trump gets into office. wondering if we’ll be the same with our new leader
ULTRASURFERJOEGOMANG : USA =
WELCOME CANADIANS !