Happy Holidays - Your Money December 24th 2021

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Thank you for taking the time to listen to our weekly CHEK 6 report and my end of week editorial. All things considered, 2021 turned out to be a pretty good year thanks to an accommodative Federal Reserve flooding the monetary system with billions of additional cash. Obviously that cash ended up in the hands of consumers and investors creating what might be considered a bit a of bubble. Too much money chasing too few goods plus too much cash buying too few stocks.

Next week will be very quiet with Canadian markets closed Monday and Tuesday for the traditional holidays however US markets will be open as usual. Then it’s a fade into New Year’s Eve and another 3 day holiday for Canadians.

We hope you all have a safe, healthy, and happy holidays even if our fearless leaders try and throw a wet blanket on the party.

Cheers Steve and Michele.

Information contained herein represents the views of the writer and not those of PI Financial Corp., and based on assumptions which the writer believes to be reasonable. The material contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. This information is intended for distribution in those jurisdictions where PI Financial is registered as an advisor or a dealer in securities. Any distribution or dissemination of this article in any other jurisdiction is strictly prohibited. PI Financial and/or its’ officers, directors, employees and affiliates may, from time to time, acquire, hold or sell a position in the securities mentioned herein.

Steve Bokor

Steve Bokor

Portfolio Manager