February 6, 2023 Daily Market Commentary Canadian Headlines Newmont Corp. made a provisional offer to acquire Australia’s top gold miner Newcrest Mining Ltd. in what would be the biggest global takeover of the year so far. The offer, which values Newcrest at around $17 billion, would also be one of the largest in Australian history, according to data [...]
Click here for the PDF: The Weekly Beacon - February 3 2023 We will be giving some macro economic market updates on a weekly basis. No equity recommendations will be given in this commentary, and we encourage you to contact us if you have questions regarding any observations. Feel free to send in your pictures [...]
February 2, 2023 Daily Market Commentary Canadian Headlines Rogers Communications Inc., Canada’s largest wireless provider, reported fourth-quarter profit that topped analysts’ estimates as an increase in subscribers boosted revenue in its largest unit. Profit excluding some items was C$1.09 a share. Analysts estimated 98 cents, on average. The company’s wireless unit, its most important business, [...]
 Email: info@macnicolasset.com with any index, stock, or commodity-specific questions. January Update: Index Overview for North America, TSX Strength, Technology Bounce, VIX, Volatility, New Wave Loans, Real Estate Market, Miami is growing, Florida Real Estate, Real Estate Loans, S&P 500, Dow Jones, Nasdaq 100, Overbought, Price Momentum.
February 1, 2023 Daily Market Commentary Canadian Headlines Allied Properties REIT named Chief Financial Officer Cecilia Williams as its next CEO, to take over from company founder Michael Emory in May. Oil steadied before the Federal Reserve’s monetary-policy decision and guidance from producer group OPEC and its allies. CGI Inc. reported adjusted earnings per share for the first quarter [...]
January 31, 2023 Daily Market Commentary Canadian Headlines Statistics Canada will report gross domestic product for November at 8:30 a.m. Ottawa time, with economists forecasting that the economy likely grew by 0.1%. Oil headed for a third straight monthly loss as traders awaited clues on China’s economic recovery as well as latest guidance from OPEC+ producers and Wednesday’s monetary [...]
MacNicol’s The Alternative Asset Trust Quarterly Commentary- January 2023 (Click here)  The MacNicol Alternative Asset Trust is a multi-strategy, alternative investment platform designed to generate returns that are positive and uncorrelated with public stock or bond markets. The Trust, through its underlying limited partnerships invests in real estate, private equity, and hedge funds. In [...]
January 30, 2023 Daily Market Commentary Canadian Headlines Rogers, Shaw and Quebecor agreed to extend the outside date of the proposed merger of Rogers and Shaw and the acquisition of Freedom Mobile by Videotron to Feb. 17. The companies continue to work with Innovation, Science and Economic Development Canada to secure the final approval needed [...]
January 27, 2023 Daily Market Commentary Canadian Headlines Hedge fund manager Anson Funds is backing an activist investor who’s fighting for control of First Capital Real Estate Investment Trust. TotalEnergies EP Canada took a further 6.7% stake in the Fort Hills oil-sand project for C$312 million ($234 million). Ahead Friday, watch for earnings from Real Matters Inc. Crude [...]
Date: January 26, 2023 MacNicol & Associates’ Investment Team talked about RRSPs, TFSAs, RESPs, Personal Pension Plans, and a new Canadian registered account the First Home Savings Account (FHSA). We talked about planning for retirement, how we structure client portfolios, the failure that is the 60/40 portfolio, and our alternative asset Trust. We also [...]
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