Summer has culminated with a noteworthy, but expected, development: an acknowledgement from the Federal Reserve, the U.S. central bank, that it is nearing a decision to withdraw some of its stimulus given its confidence in the economic outlook. Fed Chairman Jerome Powell was careful to reassure investors that any interest rate hikes are still a ways off. Global equity markets responded favourably, with many making news highs.
As we ease into the final long weekend of the summer, here are links to articles that I found to be of interest this past week:
What’s pushing U.S. stocks to climb the wall of worry?
This is what a $1 million dollar house looks like in 10 small Ontario towns
https://www.blogto.com/real-estate-toronto/2021/08/1-million-house-ontario/
Teaching your kids or Grandkids about financial literacy