Mutual fund sales solid, ETF sales slump in August
ETFs still hold a decisive advantage in sales so far for 2020
- By: James Langton
- September 21, 2020 September 21, 2020
- 14:55
ETFs still hold a decisive advantage in sales so far for 2020
New research found 75% of mutual fund investors said they purchased products through an advisor in 2020
Fight over RBG replacement may sideline stimulus efforts
Investors will be watching Wednesday’s speech for clues on government's fiscal plan
Unless they have another job, the pandemic may deal a devastating blow
Core retail sales, however, fell 1.2%
Biden would be less intrusive with the Federal Reserve, but corporate taxes would increase
Among age groups, millennials are most optimistic about buying a home, Scotiabank finds
Being comfortable with high valuations may require a nuanced assessment
Stable income, rising wealth a bright spot for big global investment firms
Fed also announced plan to push inflation above 2% annually
Liquidity has created a "Frankenstein" high-yield market that requires scrutiny
Competitive advantage would lie north of the border
Global GDP is projected to decline by 4.5% this year
The annual inflation rate was unchanged from the year-over-year increase in July
Last year's top performer, a cannabis firm, slipped to 18th
Projections may underscore how long the central bank expects to keep rates low
Toronto and Vancouver fuelled the gains, with regional disparity showing again
Scotia report proposes fiscal policy strategy to rebuilding economy
Five global standard-setting organizations have joined forces to enhance data for investors
Retirees will need more savings, higher returns to fund their needs
Lower-income households tend to have a higher debt levels
Used car prices surged by the largest amount in 51 years