Pressure on the Big Banks | New Taxes and Regulations

The Beavis Wealth Podcast

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There are a lot of new taxes and rules that have been put into place over the past year that will weigh on profits of the Big Banks. We review those in today's video.

Also, we preview the US Inflation numbers that will be out Thursday, and look at the impact they may have on the US Federal Reserve Board's rate decisions. Boeing shares are down sharply after one of their Boeing 737 Max 9 aircraft's door plug blows out mid-flight.

Canada's latest jobs report shows we added a meagre 100 jobs in December far below expectations. This is in contrast to the strong job numbers reported in the U.S. Finally on today's show, expect to pay more for mobile phone plans with Rogers and Bell.

Full YouTube Video: https://youtu.be/_L42vX2TRuM?si=lHRKt8n5B-m-CYwK

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Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.