December 13, 2021

Markets were down on Monday with the S&P 500 falling 0.9% and Toronto down 0.5%.

Accordingly, most stocks were down.

Interest rates were also down despite all the predictions of higher interest rates and all the news of high inflation. 

In the U.S. President Biden, is apparently on track to get an infrastructure spending bill passed by year end with a size of around $1.5 trillion. That might be good news for markets but it also may already be priced in. And this one comes with tax increases and therefore may not be so well liked by the market.

My next update will be for Metro Inc.

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