Market Insights: Loonie on 'Freight Train' Momentum

Published by Milestone Wealth Management Ltd. on Apr 30, 2021

Macroeconomic and Market Developments: North American stock markets were fairly flat this week. In Canada, the S&P/TSX Composite index was up 0.03%. In the US, the Dow Jones was down 0.48% and the S&P 500 Index was up 0.02%. The Canadian dollar was positive...

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Market Insights: Lumber Prices Through the Roof

Published by Milestone Wealth Management Ltd. on Apr 23, 2021

Macroeconomic and Market Developments: Stock markets in North America were slightly weaker this week. In the US, the Dow Jones Industrials was down 0.46% and the S&P 500 Index declined 0.12%. In Canada, the S&P/TSX Composite was down 1.29%. The Canadian...

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Market Insights: Retail Sales Boom

Published by Milestone Wealth Management Ltd. on Apr 16, 2021

Macroeconomic and Market Developments: Stock markets in North America were up again this week. In Canada, the S&P/TSX Composite index was up 0.64% and in the US, the Dow Jones was up 1.19% and the S&P 500 was up 1.36%. The Canadian dollar was up slightly...

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Market Insights: First Quarter Wrap-up

Published by Milestone Wealth Management Ltd. on Apr 12, 2021

Market Update The first quarter can be characterized by accelerating economic growth, rising long-term interest rates, increasing inflation concerns, full throttle fiscal stimulus and the anniversary of COVID-19. This combination resulted in strong equity...

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Market Insights: Is the Market Getting Frothy?

Published by Milestone Wealth Management Ltd. on Apr 09, 2021

Macroeconomic and Market Developments: Stock markets in North America were positive this week. In Canada, the S&P/TSX Composite index was up 1.25%. In the US, the Dow Jones Industrial Average was up 1.95% and the S&P 500 was up 2.71%. The Canadian dollar...

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Market Insights: Consumer Confidence Gaining Strength

Published by Milestone Wealth Management Ltd. on Apr 01, 2021

Macroeconomic and Market Developments: North American markets were positive this week. In the US, the Dow Jones was up 0.25% and the S&P 500 was 1.16%, closing above 4,000 for the first time. In Canada, the S&P/TSX Composite index was up 1.27%. The Canadian...

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