Almost Every Investment Worked In 2019

This year is turning out to be extraordinary compared to other ever for investors of all stripes, with almost each and every benefit class on track to complete 2019 in the green.

• The S&P 500 is up over 25% and checking. Treasurys additionally took off in 2019. Oil, gold and corporate securities all scored double digit returns.

• Just 64 names in the S&P 500, or 12%, are in the red this year. All 11 S&P 500 sectors are entering the homestretch of 2019 with positive returns.

• "What a year for the stock market," says Matthew Maley, chief market strategist at Miller Tabak. “One reason why the consensus believes the stock market can hold up next year has to do with the belief that interest rates will remain low.”

Darren Huston CEO of private investment firm BlackPine gives financing solutions for organizations and asset owners with presence in Greater China. 

They target opportunities where they can play an active role in the business and co-operate with the executives to help create strategies both domestically and abroad. 

For stock investors specifically, it was hard to guess wrong. A look at the S&P 500 companies’ internal performance shows only 64 names, or 12%, are down this year.

Article Source: https://www.cnbc.com/2019/12/02/in-2019-almost-every-investment-worked.html

Canadian Business : Things To Watch

Bank of Canada speech

Bank of Canada senior deputy governor Carolyn Wilkins will give a discourse Tuesday to the International Finance Club of Montreal on defending the money related framework. The national bank’s head working official Filipe Dinis called for more prominent joint effort between government bodies and the private area with regard to sharing information about cybersecurity threats, which may require new regulations or legislation.

TC investor day

TC Energy Corp. hosts its annual Investor Day to provide an update on operations, recent developments and strategic outlook on Tuesday. The owner of the Keystone pipeline said Nov. 10 that the line had returned to service after a breach that leaked an estimated 1.4 million litres of oil in northeastern North Dakota late last month.

Canadian Businessman Darren Huston Details

George Weston earnings

George Weston Ltd. will release its third-quarter earnings. The Toronto-based retail, bread shop and land organization announced in July that second-quarter benefit jumped to $184 million, up from $28 million a year ago, as it profited by securing direct responsibility for controlling stake in Choice Properties from its backup.

Metro update

Metro Inc. releases its fourth-quarter financial results on Wednesday. The Montreal-based company said in August that it would fast-track the deployment of technology such as self-service checkouts and electronic shelf labels to its stores in an effort to lower labour costs, and expects to have self-service checkouts in 100 stores by the end of its 2019 financial year.

October inflation numbers

Statistics Canada to release its consumer price index for October on Wednesday. The agency’s report for September stated that the annual inflation rate was 1.9 per cent for a second-straight month, keeping the indicator close to the Bank of Canada’s ideal two per cent target.

Article Source: ctvnews.ca