August 13, 2019

Markets rebounded on Tuesday after it was announced that the new 10% September 1 U.S. tariff on $300 billion of Chinese imports would be delayed until December for most consumer goods.

The S&P 500 was up 1.5% and Toronto was up 0.7%.

Linamar recovered 4.4%. Apple was up 4.2%.

Most rate reset preferred shares were up somewhat as the 5 year Canada bond yield rose from 1.20% to 1.25%.