Market View

US Fed is expected to push for bond tapering. Oil and gold prices rose supporting TSX futures. Canadian financials reported upbeat earnings this week. The US dollar slipped slightly. The Canadian dollar was 79.84. U.S. S&P500 ended the week up 1.25%, while the TSX ended the week up 1.2%. 

Healthcare added 7.0% this week, followed by energy, which gained 6.6%. Technology inched up by 2.9%, while consumer discretionary edged up 0.5%. Financials and utilities gave up 0.5%, each. The most heavily traded shares by volume were Great-West Lifeco, Suncor Energy, and Sun Life Financial.

5 from 5i

Here are five reads we found interesting last week:

• How low can fund fees go? By Ben Johnson of Morningstar
• Inflation for whom? Published by J. W. Mason
• How dollar stores scammed America to become worth more than Coca-Cola, by Andrew Paul of AV Club
• Netflix and Video Games, posted and written Matthew Bell
• How stable are stablecoins? By Elizabeth Lopatta

Happy Reading & Stay Safe!

Disclosure: Please note that the author does not hold a financial or other interest in stocks or funds mentioned.