Financial

Dealmaking last week covered the whole gamut from gas stations to retailers to gold miners, from online trading to ticket trading, and from champagne drinkers to cannabis smokers. [more]

Our Top Ten Portfolio performed well of late and regained the $600,000 level. Including dividends and trading profits, the Portfolio is up 20.4% YTD and exactly matches this year’s gain by the S&P/TSX Composite Index. We think that we should be able to do better than the general index. [more]

October traditionally marks the start of a seven month positive period for the general market. Of course, there are always exceptions. However, this year, October has been exceptional with the S&P 500 Index beginning the month of November at an all-time high. [more]

Only one week after PayPal announced cutting ties from Libra, several other partners from the 27 companies in the Libra Association including Ebay, Visa, Marcado Pago, Mastercard, and Stripe announced this week that they would also stop supporting Facebook’s Libra project. [more]

Quarterly results from the four largest U.S. banks (JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo) showed better than expected results as American consumers continued to support the economy. [more]

Sector Rotation – can you beat the market by shifting money from one industry sector to another [more]

Mastercard, a multinational financial service corporation, announced that it will acquire Denmark-based Nets Group, a payments platform that will be leveraged to support faster Business-to-Business (B2B) payments. [more]

Long-term investors looking for safe, predictable cash flows from bonds are experiencing sub-par performance as yields are pressured downwards with growing global uncertainties and debt levels. [more]