New Economy Investing: Targeting Digital and Service-Based Companies
Irwin Michael, CFA, is President and Portfolio Manager at I.A. Michael Investment Counsel/ABC Funds. Previously, he worked at Hodgson Roberton Laing & Company, Morgan Stanley Canada Limited, and Beutel Goodman & Co. He was a director of the Toronto Society of Financial Analysts and is a former vice president of the Toronto Futures Exchange. He is a graduate of McGill University and received an MBA from the Wharton School at the University of Pennsylvania. Profile
Ryan Michael, CFA, is a Senior Research Analyst at ABC Funds. He graduated from the University of Toronto, Rotman School of Management. Profile
TORONTO Canada s main stock index is expected to extend its record-setting rally this year as a global economic recovery boosts the outlook for the index s heavily weighted financial and resource stocks, a Reuters poll found. The median forecast in a survey of 24 portfolio managers and strategists was for the S&P/TSX Composite index to rise to 19,650 by the end of 2021, up 7.2% from Tuesday s close of 18,330.09. November s forecast was 18,400. It was then expected to rise further to 20,125 by the middle of 2022. The TSX Composite with its heavy makeup of financials, energy and material stocks should be a perfect proxy and beneficiary of a global economic reopening, said Matt Skipp, president of SW8 Asset Management.
Forecasts for Canada s TSX hiked as analysts eye global recovery theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Rona : le départ de Dutton sera un déclencheur lesaffaires.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lesaffaires.com Daily Mail and Mail on Sunday newspapers.