News and resources for Canada's top financial advisors
Economic Indicators
Institutions can never be too-big-to-fail; one of the dangers of adopting this mentality is the loss of consumer confidence in the resiliency of their banks during times of crisis.
June 7, 2012
3 min read
Over the last three decades, the rich have gotten richer in Canada, with individual income inequality growing by 16%. Families have been affected, but the greatest divide is between individuals, with the top 1 % scoring incomes fourteen times larger than the average Canadian.
4 min read
Long held back by scary headlines, Canadian investors are now starting to realize that volatility and opportunity are two sides of the same coin.
By Vikram Barhat |June 7, 2012
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: China lowers benchmark lending rate China has cut its benchmark lending rate for the first time in nearly four years, in an effort to prevent further economic slowdown. The […]
By Staff |June 7, 2012
2 min read
Canada is a resource-rich nation, and such stocks make up about half the S&P/TSX Index. Yet “resources are only really meant to be 5%-to-10% of your portfolio,” says Craig Porter, a fund manager at Front Street Capital.
By Martha Porado |June 7, 2012
Presidential election years are touchy things. Back in 1992 Alan Greenspan aggressively pushed down interest rates in an attempt to save his friend George H.W. Bush from the recession triggered by the Gulf War and decreases in military spending spurred by the fall of the Soviet Union. It didn’t work, but the Fed was accused […]
By Wire services |June 6, 2012
1 min read
JPMorgan Chase is set to testify before Congress today regarding the major bank’s multibillion-dollar trading blunder, and its effect on the future of trading regulation on Wall Street. The Office of the Comptroller of the Currency is expected to face scrutiny over its poor oversight of the bank unit responsible for the loss, with top […]
By Staff |June 6, 2012
Despite record profits at US$133 billion in 2011, market capitalization of global mining companies fell by 25%, says PwC.
We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Facebook down 32% Catch a falling star, and get your fingers burned. That’s apparently the lesson investors in the decade’s hottest IPO are learning, as Facebook’s stock drops 32% […]
Canada has topped the global mining and metals sector as the target destination by total deal value in Q1 2012, says Ernst & Young.
By Staff |June 5, 2012
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