Market Insights: U.S. Consumer Spending Unleashed

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

Macroeconomic and Market Developments: North America markets dipped early in the week but made a positive climb by Friday. In Canada, the S&P/TSX Composite Index rose 1.01%. In the US, the Dow Jones Industrial Average was down slightly by just over 1%...

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Market Insights - Earnings Season as Good as it Gets

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

Macroeconomic and Market Developments: North America markets were positive this week, shaking off a big down day on Monday. In Canada, the S&P/TSX Composite was up 1.03%. In the US, the Dow Jones Industrial Average increased 1.08% and the S&P 500 Index...

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Retiring Abroad: Will Canadians be Able to Spend More Time in the U.S.?

Published by Milestone Wealth Management Ltd. on Jul 21, 2021

Spending your retirement years outside of Canada is a popular endeavour, and the US is the most popular destination for Canadian snowbirds. Recently, we wrote on the topics of Tax Implications of Foreign Residency and How Much Time Can a Canadian Spend...

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Market Insights: Peak Inflation?

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

Macroeconomic and Market Developments: North America markets were down this week. In Canada, the S&P/TSX Composite Index declined 1.19%. In the US, the Dow Jones Industrial Average was down 0.52% and the S&P 500 Index dropped 0.97%. The Canadian dollar...

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Market Insights: Second Quarter Wrap-up

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

Market Update The global economy continued to recover in the second quarter assisted by the rollout of COVID-19 vaccines, U.S. fiscal stimulus programs, and supportive monetary policies from major central banks. U.S., Canadian and global equity markets...

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Market Insights: July is Historically a Positive Month for the Markets

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

Macroeconomic and Market Developments: North America markets were volatile this week, but ended up slightly positive due to a strong up day on Friday. In Canada, the S&P/TSX Composite Index was up 0.19%. In the US, the Dow Jones Industrial Average was...

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Market Insights: History Points to Solid Second Half for S&P500

Published by Milestone Wealth Management Ltd. on Jul 02, 2021

Macroeconomic and Market Developments: North America markets were mixed this week, with Canada flat and the US positive. In Canada, the S&P/TSX Composite Index was virtually unchanged at -0.05%. In the US, the Dow Jones was up 1.02% and the S&P 500 Index...

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