March 1, 2022

On Tuesday, as the market continued to react to the war in Ukraine, the S&P 500 was down 1.55% and Toronto was down 0.6%.

American Express was down a hefty 8.5% as it severed ties with Russian banks.

Linamar was down 4.0%.

AutoCanada was down 5.1% to $31.12.

The Bank of Canada is set to make an interest rate announcement tomorrow (Wednesday) morning. Most analysts expect it will increase interest rates.

President Biden delivered the State of the Union address tonight. Hopefully the market will applaud.

P.S. I did not post a comment yesterday due to travels. Apologies to anyone who logged in to see my comment.

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