American millionaire Jonathan Lehrer denied bail after being charged with killing Canadian couple
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
It's election day in Canada and, to be honest, I don't think the markets are all that fussed about it.
Sure, it stands to reason investors will be watching closely to see the impact on sectors including energy, if there appears to be an aggressive push towards a low-carbon economy, and banking, if new taxes are imposed on banking profits above $1 billion. These two sectors combined represent 40 per cent of the S&P/TSX.
So far, from an election perspective, the markets have taken a wait-and-see approach.
However, it does look to be a rocky trading session as September appears to be living up to its reputation of being the most challenging month of the year for investors.
Concerns are mounting over the regulatory environment and troubled property market in China; there’s a U.S. Federal Reserve meeting this week; colder weather is increasing fears of further increases in the Delta variant; energy prices are high; and inflation remains a wildcard.
Investors are edgy over the growing sense of unease as company profit margins are squeezed, costs are rising and central banks are telegraphing they could be getting closer to pulling back on stimulus measures. Companies being hit are those linked to the global market recovery.
To be fair, the markets have been on fire. Year-to-date, the S&P/TSX is up approximately 17.5 per cent, the Dow more than 14 per cent, and the S&P 500 over 18 per cent. No market trajectory is straight up. Pullbacks are a normal and expected part of investing, yet still ring alarm bells when they happen.
It isn't going to take much for some investors to move to the sidelines.
Before you react, a few considerations:
1) If you have a diversified portfolio with money in cash, bonds and stocks, recognize we have been through periods of volatility before. If you have a reasonable time horizon of at least five years, for many the best course of action is to do nothing.
2) Don't try to time the market. Even the experts have to get it right twice -- going into the market and coming out of the market. Have a plan to rebalance your portfolio throughout the year and stick to the plan. Despite the speculation it is tough to know what will outperform at any given time. Buy good quality investments and think long-term investment verses short-term speculation.
3) Understand your tolerance for risk. Are you are looking for a return "of" your investment or a return "on" your investment? Take the time to really appreciate who you are as an investor. There will always be market challenges, however, the savvy investor will not let emotions dictate your investment decisions.
Bottom line: I'm not saying you have to buy and hold your investments forever. What I do hope is you make informed portfolio decisions based on who you are as an investor, your time horizon and your tolerance for risk. This strategy helps to ensure logic versus emotion drives your decisions.
American millionaire Jonathan Lehrer, one of two men charged in the killings of a Canadian couple in Dominica, has been denied bail.
Cabinet minister Dominic LeBlanc says he plans to run in the next election as a candidate under Prime Minister Justin Trudeau's leadership, amid questions about his rumoured interest in succeeding his longtime friend for the top job.
A male columnist has apologized for a cringeworthy moment during former University of Iowa superstar and college basketball’s highest scorer Caitlin Clark’s first news conference as an Indiana Fever player.
The United States has vetoed a widely backed UN resolution that would have paved the way for full United Nations membership for the state of Palestine.
A group of suspects that allegedly defrauded seniors across Ontario and other parts of Canada using a so-called emergency grandparent scam appear to have ties to 'Italian traditional organized crime,' according to an investigator involved in the OPP-led probe.
Health Canada will change its longstanding policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned. The federal health agency has adopted a revised directive removing the ban on gay, bisexual and other men who have sex with men, effective May 8.
Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is now a U.S. resident.
Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.
Technology from the 19th century has been brought out of retirement at a Newfoundland gardening store, as staff look for all the help they can get to fill orders during a busy season.
Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.
Molly Knight, a grade four student in Nova Scotia, noticed her school library did not have many books on female athletes, so she started her own book drive in hopes of changing that.
Almost 7,000 bars of pure gold were stolen from Pearson International Airport exactly one year ago during an elaborate heist, but so far only a tiny fraction of that stolen loot has been found.
When Les Robertson was walking home from the gym in North Vancouver's Lower Lonsdale neighbourhood three weeks ago, he did a double take. Standing near a burrow it had dug in a vacant lot near East 1st Street and St. Georges Avenue was a yellow-bellied marmot.
A moulting seal who was relocated after drawing daily crowds of onlookers in Greater Victoria has made a surprise return, after what officials described as an 'astonishing' six-day journey.
Just steps from Parliament Hill is a barber shop that for the last 100 years has catered to everyone from prime ministers to tourists.
A high score on a Foo Fighters pinball machine has Edmonton player Dave Formenti on a high.
A compound used to treat sour gas that's been linked to fertility issues in cattle has been found throughout groundwater in the Prairies, according to a new study.
While many people choose to keep their medical appointments private, four longtime friends decided to undergo vasectomies as a group in B.C.'s Lower Mainland.