Global equity markets made an impressive comeback in January after a poor end to 2018. Equities were boosted by signals from the US Federal Reserve that they will be more patient with the path of future rate hikes amid mixed global economic data. Emerging economies continued their rally fueled by a less hawkish sentiment across global central banks, the S&P/TSX hit its highest level since October, and the Canadian dollar strengthened relative to its US counterpart. We also saw signs of progress on the US-China trade negotiations.
'Tidying Up With Marie Kondo' has taken closets everywhere by storm in the few short weeks since it debuted on Netflix. If you haven't binged it yet, the show follows Japanese organizing consultant Marie Kondo as she helps people tidy up their homes through various seasons of life. Though her methods are centred around the home and finding joy in your space, her lessons can be applied to just about any part of your life — including your finances.
Looking back over the past year, markets had a strong start, hit record highs, and were ultimately bookended by a historically weak December, closing the year in the red. Themes such as the central bank interest rate tightening, tariff wars, global growth concerns, and even a twitter account certainly contributed to the volatility and the sell-off we experienced in equities during 2018.
Ah, holiday travel. It's both an exciting and crazy time to be hitting the road. While it's a fun thought to throw caution to the wind and catch the next flight out, making sure you're prepared – at least with the bare necessities – is generally a smart way to travel, especially now. And guess what? Ultimate holiday preparedness is just a few minutes away.
As on trend for 2018, geopolitical events dominated market movement throughout November. The Democrats took control of the House and the Republicans gained on their majority in the Senate. As a result, it is unlikely that Republicans will be able to extend their fiscal stimulus as a method to further grow the economy.
Happy Financial Literacy Month! We've rounded up some of our most valuable money lessons at the Invisor office to share with you. What are some lessons you swear by, or things you've learned while navigating your own financial journey? Pop down into the comments and let us know!
After three quarters of mostly slow and steady growth, October saw a correction in global financial markets with volatility doubling from its September levels. The S&P 500 fell by 6.8%, emerging markets were down 5.7% in CAD terms, while Canada was the biggest loser down 7.4%. Despite the risk averse sentiment, fixed income markets were also down by month end due to rising interest rates.
Sharing our take on current news stories.
Last week, global equity markets partially corrected, causing an onslaught of worrisome media pieces. We addressed this with our clients, and want to share our thoughts on this event with you, as well.
In this month’s market update we discuss September’s global economic and market highlights, which includes an update on financial markets, the global trade situation, the developing narrative in emerging markets, and a particularly interesting 10-year anniversary of note.
Throughout September, we saw developed markets end the month on a positive note. Specifically, the Dow and S&P 500 set new highs, the Nikkei closed at its highest level since February, and global developed markets, including Canada closed even higher. On the other hand, emerging markets posted a negative month due to ongoing trade and credit concerns, as did the bond market with central banks continuing to raise interest rates.
Life doesn’t always work out the way we think it will, and sometimes we find ourselves scrambling to regain control of our financial situation. Illness, job loss, emergency expenses, less-than-ideal money choices – these can all trigger us to dip into our savings prematurely.