Pyle Wealth Advisory
On behalf of the Pyle Group and everyone at CIBC, have a safe and happy Canada Day weekend.
Andrew Pyle appeared on BNN Bloomberg's Morning Markets show, where he discussed the retreat in stocks on back of recent central bank decisions.
It has been well documented how the recent surge in US stocks has been driven by tech, but this also means that the actual level of risk in that leadership has shifted.
There are still way to many Canadians without a will legal powers of attorney, but this is intuitive given the continued low level of planning.
The Federal Reserve may not have increased rates this week, but the elevated inflation forecast leaves the window open for more.
The S&P500 finally made it to bull-market territory, but there are a number of challenges, including the fact that some may just want to stay in cash.
