Investments

P.M. market numbers: October 5, 2009 Fallback Image Decorative pattern

Market Insights

P.M. market numbers: October 5, 2009

The Toronto stock market ended Monday with a triple-digit gain as investors responded positively to data that showed a U.S. economic recovery may indeed be gathering speed. Toronto’s S&P/TSX composite index was up 144.29 points to 11,102.62, while the Canadian dollar headed higher, rising 1.07 of a cent to 93.45 cents U.S. The U.S. Institute […]

By Staff |October 5, 2009

2 min read

Market numbers: October 2, 2009 Fallback Image Decorative pattern

Market Insights

Market numbers: October 2, 2009

North American stock markets headed for a sharply lower open Friday morning as the American economy shed more than a quarter of a million jobs last month, far more than the approximately 180,000 that economists expected. The U.S. Labour Department reported that job losses came in at 263,000, while the unemployment rate increased a tenth […]

By Staff |October 2, 2009

3 min read

P.M. market numbers: October 2, 2009 Fallback Image Decorative pattern

Market Insights

P.M. market numbers: October 2, 2009

The Toronto stock market closed lower Friday and racked up its second weekly loss in a row as a string of disappointing economic reports was capped by a U.S. jobs report that widely missed expectations. The S&P/TSX composite index lost 113.43 points to 10,958.33 after the U.S. Labour Department reported that job losses came in […]

By Staff |October 2, 2009

2 min read

Inflation potholes are just bumps in the road Fallback Image Decorative pattern

Market Insights

Inflation potholes are just bumps in the road

Inflation can make the road to adequate retirement income a challenging one. Why? Because the traditional retirement portfolio, invested heavily if not exclusively in fixed income, is just that: fixed. The income it produces doesn’t necessarily go up each year to offset rising consumer prices – and rising prices gradually, but inescapably, eat away at […]

By Peter Drake |October 2, 2009

6 min read