Despite the U.S.-China trade war, the Canadian economy had been reporting decent, but not robust, economic growth. All that has changed though. For the first time in 2019, economic data is rolling in that suggests the Canadian economy is slowing down faster than what analysts forecasted. This does not bode well for the Canadian economy […]
26
Nov
Nov
Despite signs that the U.S. economy is slowing and concerns about a global recession, North American stocks have rallied to record levels in 2019, fuelled most recently, by stronger than expected third quarter results. But the run of record closes on the TSX, NASDAQ, NYSE, S&P 500, and Dow Jones Industrial Average recently hit a […]
19
Nov
Nov
Despite the TSX being at record levels, there are warning signs that the Canadian economy isn’t doing as well as everyone thought. For the first time in nearly 20 years, the number of corporate insolvencies is on the rise. And this upward trend is expected to reach into 2020. Personal bankruptcies are up too. With […]
Hello everyone and welcome back! In this Market Review, our Chief Options Specialist, Jason Ayres, reflects on the November market. Here’s what you need to know: We are witnessing the longest economic expansion in history, despite there being no resolution to the trade war between the U.S. and China The economy is currently being driven […]
12
Nov
Nov
On the surface, the Canadian economy seems to be doing well. The country’s job market is on track for one of its best years ever and the economy is improving, albeit at a snail’s pace. Still, there is growing consensus that the Canadian economy will slow in 2020 as a result of the global manufacturing […]
05
Nov
Nov
On October 30, the Bank of Canada announced that it was keeping its key overnight lending rate at 1.75%. Keeping interest rates pat generally means the central bank is optimistic about the economy, which is good for the Canadian dollar. Not this time. The Bank of Canada forecasted a weaker domestic outlook over the next […]
31
Oct
Oct
Is the Canadian Economy on the Verge of a Recession? Talk of a recession seems a little premature. Yes, the current bull market is the longest on record and is due for a correction, but the economic data coming out of the U.S. is solid, although it’s beginning to show signs of weakness. And since […]
Welcome back to our Market Review! This month, our Chief Options Specialist, Jason Ayres, reflects on the October market. Overall, North American markets managed to deliver modest returns for the month of September. Despite predictions that Trump’s impeachment will impact the markets, we don’t think it will have a material impact on the stock markets. […]
24
Oct
Oct
There has been a lot of talk about the U.S. economy heading into a recession over the next 12-months. Whether that will happen or not is, of course, open for debate. But a growing number of economists now believe there is a much greater chance that the Canadian economy will slip into a recession over […]
18
Oct
Oct
Why Is the Stock Market So Choppy? Stocks ended the third quarter on a bullish note but started the fourth quarter in the red. North American stocks are starting the fourth quarter of the year in a choppy, see-saw fashion as uncertainty around third quarter earnings set in and questions linger over the partial U.S./China […]
