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Making sense of the markets this week: December 10, 2023.
- Source :
- MoneySense; 12/8/2023, p1-1, 1p
- Publication Year :
- 2023
-
Abstract
- The article discusses various topics related to the financial markets. It begins by mentioning that the Bank of Canada has decided to keep the key interest rate at 5%, citing concerns about inflation and the economy's weakness. The article also highlights the earnings reports of small Canadian banks, with Laurentian Bank experiencing a tough year and Equitable Bank continuing to grow. Additionally, the article mentions the positive performance of stock markets in November, with the S&P 500 and the Toronto Stock Exchange's S&P/TSX composite index both showing significant gains. Lastly, the article criticizes financial guru Dave Ramsey for his advice on withdrawal rates in retirement, emphasizing the importance of verifying financial claims. [Extracted from the article]
Details
- Language :
- English
- ISSN :
- 14881349
- Database :
- Complementary Index
- Journal :
- MoneySense
- Publication Type :
- Periodical
- Accession number :
- 174148736