Try Googling “Trump and Reagan” and you will get plenty of material on the comparison between the two, on so many fronts. Even in the financial markets, the foreign exchange market seems to have started to price in a scenario that the Trump presidency will be something like Reagan’s in the 1980s – a scenario that includes a U.S. dollar boom.
Key takeaway: Tactically Increased U.S. Equity; Decreased Cash & Canadian Equity
Current Target Positioning as of November 16, 2016
This article was written by Tim Cestnick and originally appeared in The Globe and Mail on November 10, 2016
A report by HSBC suggests that nearly half of working-age Canadians are not saving for retirement. The big international bank says 48 per cent of pre-retirees in the country say they have not started or are not currently saving for their life after work. The poll was part of a global retirement report done by HSBC.
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