On Point Weekly | December 16, 2019
Kristofer Jensen, CIM?
![Kristofer Jensen, CIM?]()
Kristofer Jensen, CIM?
Senior Wealth Advisor, Portfolio Manager, CIM? | Scotia Wealth Management | Guiding Individuals and Families Towards Financial Confidence and Security
It's time for the newest edition of On Point Weekly, everything you need to know about last week's macro snapshot and market spotlight!
First, we start off by looking at the macro snapshot; Canada reaches a deal with U.S. and Mexico on revised USMCA trade pact, U.S. Fed keeps rates on hold and points to 'favorable' economic outlook, and Boris Johnson's Conservatives win majority in U.K. election paving the way for Brexit.
Second, we look at the market spotlight; Saudi-Aramco becomes the first company to pass $2 trillion valuation, 'Phase One' arrives with more of a whimpering than a bag, and lastly, North American merging markets diverge on trade news.
Read the article here if you want more information on any of the points listed above.