March 2, 2015

On Monday, the S&P 500 was up 0.6% while Toronto was up 0.2%.

Notable gainers included the RioCan preferred share up 3.0% to $21.66. Visa, up 2.6% on news it will be the new exclusive credit card at Costco. Constellation Software up 2.9%.

The Liquor Stores N.A. convertible debentures were up 6.3% to $110. (That does not really strike me as correct. It could be some kind of trading anomaly).

Overall, in the first two months of 2015, it has continued to be a good thing to own a slice of corporate America and corporate Canada.

 

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