Tag: Canada

Here’s how much you need to be rich in these countries

Do you ever wonder how far your dollar would stretch if you lived somewhere else? In the following slides, you’ll see how wealth (calculated here by doubling the annual median income of each country) is measured across 20 countries worldwide, from Luxembourg to South Africa. You’ll also learn about differences in overall cost of living, like prices for dinner dates, theatre tickets and rent. Read on to see how much you need to make to be wealthy across the world (Currency conversions reflect the exchange rates at time of writing.).
— Read on www.msn.com/en-ca/money/topstories/heres-how-much-you-need-to-be-rich-in-these-countries/ss-AAH8Tad

Think August Was Bad? Here Comes Worst Month for Canadian Stocks

(Bloomberg) — After enduring a bumpy ride in August, investors in Canadian stocks need to brace for more volatility in September, typically the worst month of the year for equities.In the past 10 years, the S&P/TSX Composite Index has dropped an average 1.5% in September, as the end of summer, return
— Read on ca.finance.yahoo.com/news/comes-worst-month-canada-stocks-123451218.html

Canada’s yield curve inversion turns up pressure on central bank to cut rates

Inversion of Canada’s yield curve by the most in nearly two decades is threatening to coerce the Bank of Canada to cut interest rates rather than risk an economic downturn, portfolio managers said on Wednesday. Curve inversion, when long-term yields dip below short-term ones, is seen by some investors
— Read on ca.finance.yahoo.com/news/canadas-yield-curve-inversion-turns-050511790.html