The S&P 500 in a bear market with a loss of 25% YTD. Canada’s TSX Composite is down relatively lesser with a decline of 13% year-to-date. On a sector basis, how much have Canadian banks fallen? Click to enlarge Source: Google Finance RBC (RY) is down by about 16%. The worst performer so far this …
Canada’s benchmark S&P/TSX Composite Index down 13% so far this year. The S&P 500 on the other hand is in a bear market with a decline of over 22%. Booming commodity markets especially oil earlier in the year benefitted Canada. It remains to be seen if the TSX Composite holds up well thru the end …
Continue reading ‘Bull vs. Bear Market in Canadian Stocks 1924 To 2021: Chart’ »
One of the key strategies for success with investing in equities is diversification. Following this strategy not only allows an investor reduce risk but also generate higher returns. Diversification can take many forms The easiest way to achieve diversification is to spread one’s investment across many times of asset classes. The following chart shows the …
I have written many times before that railroads are an important pillar of the Canadian economy. Just two freight railroads – Canadian National(CNI) and Canadian Pacific (CP) – dominate the industry. The following infographic from Statistics Canada shows some of the interesting facts about rail transportation in 2020: Click to enlarge Source: Statistics Canada Disclosure: Long …
Continue reading ‘Rail Transportation in Canada: Infographic’ »
Canadian banks stocks also have not escaped the carnage in the markets so far this year. The declines have not been severe. Most have fallen under 10% with the exception of Bank of Nova Scotia(BNS) which is off by over 11%. Unlike its peers, ScotiaBank has high exposure to emerging markets especially in Latin America. …
Continue reading ‘Canadian Bank Stocks’ Return Year-to-Date: Chart’ »