Your Weekly Guide to Financial Insights and Market Trends Vikki Zhao and Olena Li PUBLISHED Mon, May 13, 2024, 11:30 AM EST. 6 min read.   The previous week proved pivotal for equities, with a significant emphasis on interest rates, inflation data, and Federal Reserve actions. AimStar’s analysts foresaw a

On  April 16th, 2024, the Canadian government unveiled its 2024 Federal Budget, introducing several significant changes that will impact investors and homebuyers. Major Changes   1.Increase in Capital Gains Inclusion Rate   The 50% original capital gains inclusion rate is being raised to two-thirds (that is, 66 2/3%), although for

  Vikki Zhao and Olena Li PUBLISHED Mon, May 6, 2024, 11:30 AM EST. 6 min read.   This week in financial news, April marked a sharp decline for major stock indices with the S&P 500, Nasdaq, and Russell 2000 all seeing significant drops, driven by persistent inflation and rising

Your Weekly Guide to Financial Insights and Market Trends Vikki Zhao and Olena Li PUBLISHED Mon, April 29, 2024, 11:30 AM EST. 6 min read. Over the past week, despite growing concerns over the Federal Reserve maintaining high interest rates for an extended period, the rebound in the stock market

Tony YuanPublished April 25, 2024, 11:30 AM EST. 3 min read.   The US economy grew slower than expected in the first quarter, with an annualized growth rate of 1.6%, according to the preliminary estimate of Gross Domestic Product (GDP) released by the US Bureau of Economic Analysis.    

Vikki Zhao and Olena LiPUBLISHED Mon, April 22, 2024, 11:30 AM EST. 6 min read. Last week, concerns over escalating tensions in the Middle East and rising inflation and interest rates led to a slight downturn in the stock market, with the yield on the US 10-year Treasury rising from

“Ottawa holds the line on the deficit — at least for this year” PUBLISHED Mon, April 22, 2024, 4:52 PM EST. 3 min read. Chart 1: Federal Deficit Projection Finance Minister Chrystia Freeland successfully maintains the deficit at $40 billion for the 2023-24 fiscal year, slightly lower than previously forecasted.

Last week, Higher US CPI casts doubt on June rate cut. Tesla announces global workforce reduction exceeding 10%. Bank of Canada maintains interest rates, influencing the housing market. Fitch downgrades China’s credit outlook. Apple’s iPhone sales forecast revised downwards. Goldman Sachs bullish on gold, targeting $2700 by year-end. Vikki Zhao

Your Weekly Guide to Financial Insights and Market Trends Vikki Zhao and Olena Li PUBLISHED Mon, April 8, 2024, 14:30 PM EST. 6 min read. The first quarter of 2024 saw the S&P 500 increase by 10%, starting the period just below its previous highs of 4800 before breaking out

Your Weekly Guide to Financial Insights and Market Trends Vikki Zhao and Olena Li PUBLISHED Mon, April 1, 2024, 11:30 AM EST. 6 min read. 2024 April 1st , S&P 500 futures have increased by 14 points, marking a 0.3% rise above the fair value. NASDAQ 100 futures have climbed