Signs 'Trump trade' is losing steam

The ''Trump trade'' - U.S. economic optimism driving the commodity, banking and transportation sectors that dominate the SandP/TSX composite higher - was great for domestic investors. The trend, however, appears to be fading fast.   Wednesday, January 18, 2017


TSX declines Canada's main stock index fell as profit-taking weighed on financial and railway stocks, offsetting gains for energy companies and gold miners as commodity prices rose. Industrials fell 1.1 per cent, with Canadian National Railway sliding 1.7 per cent; financials declined 0.7 per cent as bond yields fell.   Wednesday, January 18, 2017

TD's rich stock valuation beginning to look like a hurdle

Toronto-Dominion Bank has long commanded a premium valuation over rival bank stocks, which has been justified by strong profit growth.But this justification is starting to fade, raising the question of whether TD's lofty valuation will become an impediment: The share price could lag its peers if the stock looks more pricey than special.   Tuesday, January 17, 2017

Waterous leaves Scotiabank to launch private-equity fund in energy

Over the past few years, energy company executives have been telling Adam Waterous that despite the negative headlines, there has never been a better time to be exploring for oil and gas.   Saturday, January 14, 2017