Fears of 2020 U.S. Recession Grows According to a majority of American Chief Financial Officers, the second longest economist expansion in American history is expected to hit a wall in 2020, just before the U.S. presidential election, sending the U.S. into a recession. That would be bad news for President Donald Trump, who campaigned on […]
Category Archives: Blog
13
Jun
Jun
U.S. Economy Slows in May, Creates Fewer Jobs Than Expected The U.S. economy is showing signs of weakness and things could get worse. In May, the U.S. created just 75,000 jobs, far lower than Wall Street expected. Wage growth has also slowed significantly. A slowdown means American consumers are going to have less money in […]
10
Jun
Jun
Canadian Economy Continues to Show Signs of Weakness The Canadian economy continues to show signs of weakness. Statistics Canada reported that the Canadian gross domestic product (GDP) advanced just 0.4% in the first quarter of 2019. In the fourth quarter of 2018, the Canadian economy expanded a paltry 0.3%. While the Bank of Canada predicts […]
06
Jun
Jun
Stocks Suffer Worst May Since 2010 President Donald Trump shocked global markets when he tweeted that he would hit Mexico with a 5% tariff on all imports into the U.S. on June 10. The unexpected announcement comes at a time when North American markets are already reeling from a U.S. trade war with China. A […]
30
May
May
TSX Suffers Worst Day of 2019, Crude Oil Has Worst Week The Toronto Stock Exchange (TSX) has been one of the best performing exchanges in 2019, but it recently went through a terrible week. On Thursday, May 23, the TSX suffered its worst day of 2019 as investors dumped technology stocks as well as stocks […]
Ever laid down to sleep at night and been overwhelmed by the noise in your head, the rush of thoughts, feelings and ideas coming at you so fast with so much intensity that you are incapable of processing them all in a way that allows you to drift off into a peaceful sleep? Ever gotten […]
Want to know the secret to how pro traders achieve their objectives with their trading? They plan for it! They take the time to reflect on their performance of the year that just passed, set goals for the coming year and make a plan for achieving them. Uh oh … I think I just heard […]
23
May
May
Precious Metals Should Rise on U.S./China Trade War Precious metals like gold and silver, which are often viewed as a safe haven investment, have been on a rollercoaster over the last year. Most recently, silver and gold prices trended significantly higher during the market wide sell-off in the fourth quarter of 2018. While precious metals […]
Lately I’ve been hearing from a lot of traders who are frustrated that the market is not giving them a lot of opportunities. Frustrated because they aren’t seeing big winning trades or huge gains in their account balance. Too many people come to trading with the expectation that it will be like winning the lottery, […]
16
May
May
Major Indexes Rattled as China Announces New Tariffs The long simmering trade war between the U.S. and China is heating up and the global markets are reeling. China announced on Monday, May 13 that it was raising tariffs on $60 billion-worth of U.S. products. The move is in retaliation to the increase of duties President […]
