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 […]
10
Oct
Oct
Is the Rally on the Toronto Stock Exchange Coming to an End? The Toronto Stock Exchange (TSE) was one of the best performing indexes at the start of the year. After the best start to a year since 2000, the TSE continued to hit new highs on record profit forecasts. Despite the strong start to […]
03
Oct
Oct
Most analysts believe that the bull market, which started after the markets bottomed in March 2009, is in dying days. And yet, September was a big surprise for Wall Street. That’s because it is historically the worst month for stocks; instead, the markets were surprisingly resilient. Was that the calm before the storm? In addition […]
Welcome back! Our Chief Options Specialist, Jason Ayres, reflects on the September market. Watch the video below for his September 2019 Market Review. Not much has changed in September compared to August. The U.S. and China introduced new tariffs and once again the U.S. Treasury market flashed warning signs. Very little damage occurred to the […]
30
Sep
Sep
U.S. Stocks Showing Signs of Weakness Ahead of Earnings Season North American stocks continue to perform well overall, but there are headwinds that could stall that momentum. The unexpected call for President Trump to be impeached, the ongoing trade war between the U.S. and China, and a slowing global economy are just a few of […]
24
Sep
Sep
U.S Federal Reserve Juiced Stock Market Could Drop 20% Both Canadian and U.S. equities are trading near, or at, record highs. The S&P 500 is up 21% year-to-date and the TSX had advanced 19.25%. These strong gains come amidst a time when the global economy is showing serious signs of weakness, thanks in large part […]
