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Did you know that Canadian stock markets tend to rally over the American Thanksgiving? Since the NYSE and NASDAQ exchanges shut down, but the TSX and venture markets remain open north of the border, lower volume levels mean it’s easier to produce a rally on Toronto markets.
Seasonal traders like Brooke Thackray and Don Vialoux tend [...]
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Tomorrow (Monday) is a holiday of sorts in both Canada and the U.S. In Canada, it’s Thanksgiving, and the TSX will not be open for trading.
In the U.S., it’s Columbus Day (to celebrate the “discovery” of the “New” World by Italian Christopher Columbus). But American stock exchanges (NASDAQ, NYSE) will be open as normal for [...]
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Thus spake the Congressional Budget Office on the long-term future of American fiscal integrity (or rather, the coming lack of it). As Niall Ferguson reported in his piece for the Financial Times back in February,
“The long-run projections of the Congressional Budget Office suggest that the US will never again run a balanced budget. That’s right, [...]
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