How Are Markets Shaping Up for the New Year?

The US market has performed strongly in 2015. Across all indices, the year to date performance of the US market generated a 21.36% return. The Dow Jones Industrial Average gained 27.75%, the NASDAQ Composite Index rose 28.86%, the S&P 500 21.86%, and the New York Stock Exchange Composite PR rose 14.86%. These figures are indicative of a bullish market, and that sentiment is likely to spill over into 2018 as sweeping tax reform, interest rate hikes, and bullishness propels US markets. The performance ...

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Investing in Canadian Stocks

Is it a Good Idea to Diversify Your Financial Portfolio into Canada as Well?

The Canadian economy has turned the corner in recent months, driven in large part by an increase in business investment, gains in household wealth, and expansionary prospects vis-à-vis fiscal policy. The Canadian economy is heavily reliant on commodity prices, and a turnaround in the price of crude oil, gold, iron ore and related commodities is helping to boost Canadian GDP. The Bank of Canada (BOC) expects inflation to surpass the 2% benchmark by the end of 2018. Wage growth is increasing in Canada, ...

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Texas Medicaid Funding Has Wall Street Worried

Texas Medicaid Funding Has Wall Street Worried On Friday, May 26, 2017, the Texas House of Representatives voted against reversing the $350 million cuts to Medicaid that went into effect in December 2016. These cuts affect therapy providers whose services affect about 60,000 Texas children with special needs. Services affected include physical, speech, and occupational therapy. Medicaid covers children with disabilities as well as children whose parents have low incomes. The Texas budget has introduced ...

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The Markets Have Stalled: What Factors Are Weighing In?

The last week of June has been rather bearish for Wall Street. The Dow Jones Industrial Average has retreated from over 21,500 to its current level of 21,367.58. While still impressive, the recent losses have dampened expectations somewhat. The S&P 500 index has also performed in a similar fashion, declining from the 2,450 support level to its current level of 2,425.63. And the tech-heavy NASDAQ composite index is down from a week high of 6,290 to its current level of 6,161.73. The weekly performance ...

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