Alan Greenspan and David Dodge will share the spotlight this week, but investors in Canada will probably be more pleased with what their respective central bank head has to say.The pronouncements by the two central bankers dominate the economic calendar, although labour-force surveys on both sides of the border will also command attention.Bank of Canada […]
U.S. retail sales out Tuesday; slow week for Canada
This is another in a regular series on information for advisors intended to help them better understand their clients and possibly open up new niche markets to them. It is based on data gleaned from the RTS consumer survey conducted by BBM Canada, a Toronto-based not-for-profit, industry-owned and -run broadcast audience research organization. BBM Canada […]
Many likely to seek full-service advice, survey shows
Net income jumps 75% in fiscal 2004, net redemptions up 25%
Largest group is those between 55 and 59
FOMC meeting on Tuesday expected to hike rates
Survey shows many have savings but no RRSPs
If there was any mystery about this week’s economic calendar, it was what the Bank of Canada was going to do on Tuesday about interest rates. But Friday’s unemployment report combined with the continuing strength of the Canadian dollar have, alas, left little doubt that BoC governor David Dodge will stand pat.Statistics Canada dropped something […]
Another spike in oil prices Wednesday combined with questions about home finance giant Fannie Mae’s accounting sent investors on Wall Street scrambling, while traders on Bay Street were spooked by lower gold prices and a downgrade of Cisco Systems.At close Toronto’s S&P/TSX composite was down 56.84 points or 0.66% to 8586.09, while the junior S&P/TSX […]