Friday, April 30, 2010

Investment Advice on the Radio

The TSX is up about 3/4% so far this morning while the U.S. and European markets are lower. GDP numbers were weaker than expected in the U.S. and Goldman Sachs shares are weighing on the U.S. market They are lower because of the ongoing Fed investigations. In Canada, GDP came in as expected and strength in the markets is coming from commodities especially Gold which hit a 2010 high above $1175 this morning.

With the end of the tax holiday for income trusts approaching this year, Scotia Capital put out a report analysing trust conversions and distributions in their universe of coverage. For more information on this or to attend our next event on May 7th visit yourlifeyourplan.ca.

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