📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ Get your Ticket for an upcoming blossom social event near you!Toronto - SOLD OUTNew York - https://www.eventbrite.ca/e/908525984677?aff=oddtdtcreatorMontreal - https://www.eventbrite.ca/e/908528361787?aff=oddtdtcreatorCalgary - https://www.eventbrite.ca/e/911412207447?aff=oddtdtcreatorVancouver - https://www.eventbrite.ca/e/911416911517?aff=oddtdtcreator In this episode, Canada's economy...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ Watch on YouTube:  pIHsBCvGrl0 Full Q2 results and commentary for Royal Bank (RBC), Canadian Imperial Bank of Commerce (CM), TD Bank (TD), Bank of Montreal (BMO), Scotiabank (BNS) and National Bank (NA). ----------- Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, Canadian household wealth reaches a new high of $16.9 trillion, driven by a stock market rally and a rise in residential real estate values. However, wealth distribution remains uneven, with significant net worth concentrated among homeowners. Also in this episode:📰 National Bank of Canada acquires Canadian Western Bank in a $5 billion deal, signaling further consolidation...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ ----------- Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy Follow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram ➤ https://bit.ly/3OechghTikTok ➤ https://bit.ly/3PlNvfwLinkedIn ➤https://bit.ly/3RLndF7Website ➤ https://www.beaviswealth.com----------- 🏦🇨🇦 Sign Up Bonuses 💰💸: ► Qtrade Direct Investing Online Brokerage (Get $50 upon opening...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ The Bank of Canada cut its benchmark interest rate from 5% to 4.75%, marking the first cut in four years. In this video I'll share five key takeaways from this decision, including its implications for borrowing costs, the real estate market, and future economic policies. Also in this episode: 📝 US Private Payroll numbers fell short in May, with only 152,000 jobs added, indicating a...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, Canada's GDP growth misses expectations, prompting potential interest rate cuts by the Bank of Canada. The economy grew at an annual rate of 1.7% in the first quarter, below the forecasted 2.2%, with fourth-quarter growth also revised down. This crucial GDP report influences the Bank’s imminent interest rate decision. Also in this episode: 🛏️ Lower rates might spark a...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ Watch the YouTube version here:  https://youtu.be/Ivvip701SGw Get your Ticket for an upcoming meet and greet close to you!Toronto - https://www.eventbrite.ca/e/908390940757?aff=oddtdtcreatorNew York - https://www.eventbrite.ca/e/908525984677?aff=oddtdtcreatorMontreal - https://www.eventbrite.ca/e/908528361787?aff=oddtdtcreatorCalgary -...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ Get your Ticket for an upcoming meeting close to you!Toronto - https://www.eventbrite.ca/e/908390940757?aff=oddtdtcreatorNew York - https://www.eventbrite.ca/e/908525984677?aff=oddtdtcreatorMontreal - https://www.eventbrite.ca/e/908528361787?aff=oddtdtcreatorCalgary - https://www.eventbrite.ca/e/911412207447?aff=oddtdtcreatorVancouver -...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into the latest earnings preview for Canadian banks. TD Bank will kick off earnings season, with slower profit growth expected due to high borrowing costs and economic slowdown. Analysts predict a potential 4% drop in earnings, influenced by increased reserves for loan losses, higher costs, and strict capital requirements. Also in this episode:📰 Canada's April...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we explore Canada's steps towards open banking. The Financial Consumer Agency of Canada and the Ministry of Finance have allocated funding to establish an open banking framework by 2025, enabling secure, standardized data sharing. This development aims to enhance competition, innovation, and security in the financial sector, benefiting consumers and businesses alike. Also...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into Tesla's recent challenges, including a 55% drop in Q1 net income and a 9% fall in revenue. Despite these hurdles, Tesla remains optimistic with plans for a new Model 2 and a fully autonomous robotaxi. Also in this episode: 🚘 Apple's sales in China plummet by 19%, losing ground to Huawei and Vivo. The company aims to rebound with new iPhone promotions. 🏠...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we explore the sudden stall in the 2024 stock market rally, primarily driven by rising inflation and shifting expectations of Federal Reserve policies. We look at five factors including economic data, geopolitical tensions, and bond yield surges affecting market stability. Also in this episode: 🍁The recent Canadian federal budget's limited impact on economic policy,...

BMO Disclaimer: Annualized Performance NAV - as of March 28, 2024, Source: BMO GAM - ZDV1Y - 9.55% 2Y - 1.28% 3Y - 9.25% 5Y - 8.46% 10Y - 6.01% Since Inception - 7.21% BMO ETFs is the largest fixed income ETF provider: Source: Bloomberg December 31, 2023 The portfolio holdings are subject to change without notice and only represent a small percentage of portfolio holdings. They are not recommendations to buy or sell any particular security. This content is sponsored by BMO Exchange Traded...

Watch the video on YouTube:  https://youtu.be/Vbkp7bZiFLs 📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we delve into Canada's 2024 federal budget presented by Finance Minister Chrystia Freeland, focusing on the $53 billion new spending initiative, increased capital gains taxes, housing affordability measures, and a forecast on public debt. Also in this episode: 📈 Annual inflation in Canada rises to 2.9% with...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we uncover how CIBC's new $5 fee on e-gift card purchases as a "cash advance" charge sparked outrage among consumers, leading to a backtrack and customer refunds for charges between September 29, 2023, and February 29, 2024, after public and media pressure. Also in this episode:🚗 Tesla announces layoffs of over 10% of its workforce, reflecting a downturn in sales and a...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into the Bank of Canada's latest decision to maintain its overnight rate target at 5%, amidst signs of economic stabilization and predictions for growth rebound in 2024. Also in this episode:- 💼 The firing of Royal Bank's CFO could lead to significant financial losses due to undisclosed relationships and preferential treatments.- ⚡ U.S. inflation rates continue to...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we discuss the firing of Royal Bank's CFO, Nadine Ahn, after an internal review revealed an undisclosed relationship with an employee, violating the bank's code of conduct. Also in this episode:📉 Canada's unemployment rate jumps to 6.1%, and speculation around Bank of Canada's next moves intensifies following disappointing job numbers.🚗 The EV market faces significant...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we have a look at the Canadian federal government's launch of a multi-billion dollar fund aimed at addressing the nation's housing crisis, a move announced by Prime Minister Justin Trudeau. This fund, contingent on provinces allowing more flexible zoning for housing developments, has met with resistance, sparking a debate over jurisdiction and the best methods to tackle...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we look at the disrespect shown by the Canada Revenue Agency's last-minute change in bare trust reporting requirements. After months of preparation, the CRA's abrupt reversal has left accountants and taxpayers frustrated, highlighting a major policy mishap. Also in this episode: 📉 Trump Media's stock plunges 25% after a reported net loss of $58.2 million for 2023,...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we look at Royal Bank of Canada's aggressive plans to convert HSBC Canada branches to RBC-branding, in four days! The transition includes the integration of 800,000 HSBC clients and the closure of 25 branches. Also in this episode: 🏦 Canada's OSFI introduces stringent mortgage rules to combat rising homeowner debt, aiming to stabilize the financial landscape by capping...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into Canada's economic landscape as February sees a surprise drop in the inflation rate to 2.8%, coming in lower than economists' predictions and signaling a move towards more affordable living costs for Canadians. What affect will this new data have on the Bank of Canada's next rate decision? Also in this episode: 🇺🇸 The US Federal Reserve holds interest rates...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we explore the significant financial challenges facing Canadian renters as outlined in a recent RBC report. It highlights the growing wealth disparity with homeowners and the struggle to afford housing costs, which are increasing faster than incomes. Also in this episode:👢 Shopify awards CEO Tobi Lutke a monumental $200 million compensation package, sparking debate on its...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ In this episode, we dive into the latest job market updates in Canada and the U.S., discussing the addition of 41,000 jobs in Canada in February, driven by robust population growth, though with a slight uptick in the unemployment rate. The U.S. saw an unexpected rise in the unemployment rate to 3.9% in February, alongside an increase in annual inflation to 3.2%. 📈 Canada adds 41,000 jobs...

📥 Subscribe to the Pulse Newsletter for Weekly Market News (FREE) ➤ https://thepulse.beaviswealth.com/ Thank you to Harvest ETFs for sponsoring today's video! Today we'll discuss what's driving the tech sector and highlight fund HTA - Harvest Tech Achievers Growth & Income ETF - https://harvestportfolios.com/etf/hta...  ----------- Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademyFollow Us On Blossom ➤ https://getblossom.page.link/brandonInstagram...