Market Insights: Amazing Triple Plays, Investors Yawn

Published by Milestone Wealth Management Ltd. on Oct 30, 2020

Macroeconomic and Market Developments: North America markets dropped sharply this week with the TSX Composite down 4.33%. For US markets, the S&P500 fell 5.60% and the Dow fell 6.44%. The Canadian dollar also dropped this week, falling to 75.0 cents from...

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Market Insights: Does the Stock Market Want Trump to Win?

Published by Milestone Wealth Management Ltd. on Oct 23, 2020

Macroeconomic and Market Developments: Stock markets in North America were slightly lower this week. The TSX Composite was down roughly 0.9%, whereas in the US, the S&P500 fell roughly 0.6% and the Dow fell roughly 0.95%. Oil prices were mixed this week...

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Market Insights: Retail Sales Rebound

Published by Milestone Wealth Management Ltd. on Oct 16, 2020

Macroeconomic and Market Developments: Stock markets in North America were mixed this week. The S&P500 and the Dow were up very slightly, rising 0.20% and 0.07% respectively. The TSX Composite index moved in the opposite direction, finishing down 0.75%...

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Market Insights: Third Quarter Wrap-up

Published by Milestone Wealth Management Ltd. on Oct 09, 2020

Market Update It has now been more than six months since the World Health Organization declared the global COVID-19 pandemic, upending our home and working lives. As the initial wave of infections subsided and the spread of the virus stabilized through...

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Market Insights: Market Commentary – Breakout?

Published by Milestone Wealth Management Ltd. on Oct 09, 2020

Macroeconomic and Market Developments: North American markets moved higher again this week. The TSX Composite index was up 2.25% and in the US, the Dow Jones Industrial Average increased 3.26% and the S&P500 gains 3.85%. Oil prices were up this week,...

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Wealth Strategies: Family Income Splitting Loans - Reduced to New Prescribed Rate of 1%

Published by Milestone Wealth Management Ltd. on Oct 05, 2020

Income splitting strategies are always top of mind in order to minimize taxes, especially with many options being eliminated and/or reduced significantly by CRA in recent years. That said, CRA recently updated their prescribed loan rate for family members...

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Market Insights: Market Commentary - Positive Underlying Technicals

Published by Milestone Wealth Management Ltd. on Oct 02, 2020

Macroeconomic and Market Developments: North American markets were positive this week. In Canada, the TSX Composite index was up 0.83% and in the US, the Dow increased 1.87% and the S&P500 rose 1.51%. Oil prices were weaker, with US West Texas crude down...

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