Category Archives: Blog

Canadian Economy Contracts Canadian gross domestic products (GDP) contracted in October, a sign the Canadian economy is not as resilient as some thought. And it comes at a terrible time. Canadian’s are taking on record amounts of debt, wages are flat, and the unemployment rate remains near seven percent. The idea of Canada slipping into […]

Bank of Russia Is the World’s Largest Buyer of Gold Russia is hoarding gold and the Russian central bank is now the world’s largest buyer of gold. But why? In 2010, central banks around the world went from being net sellers of gold to being net buyers of gold. Following the U.S. financial crisis, central […]

Election Win by Donald Trump Sends Stocks Surprisingly Higher If you listened to the economists on Wall Street, a victory for Donald Trump would result in bloodbath on Wall Street. Citibank predicted that a Trump win would send equities lower by three to five percent. PBC News Hour forecasted a 10% drop on Wall Street […]

British Pound Remains Volatile Following Brexit Vote The British pound has been trading lower over the last six months on fears mounting from the Brexit vote. More recently, the pound has faced additional pressure from concerns about the economy, the early departure of Mark Carney, the head of the Bank of England, and a recent […]

Third-Quarter GDP Growth Not as Good as It Seems Many will point to recently released advanced third-quarter U.S. Gross Domestic Product (GDP) results as proof that the U.S. economy is getting better. So good in fact that the Federal Reserve will have no choice but to raise interest rates in December or early January. The […]

Bank of Canada Holds Key Rate at 0.5% The Bank of Canada kept its key lending rate at 0.5% (unchanged since July 2015) and reduced its outlook for the Canadian economy, blaming soft exports. The Bank of Canada trimmed its economic growth outlook for 2016 to just 1.1% from the July forecast of 1.3%. That […]

Options Are a Perfect Way to Leverage Risk & Generate Income The economic news out of Europe, China, Japan, has not been encouraging. This, coupled with fears of an overvalued stock market and potential Federal Reserve rate hike, is weighing on investor sentiment. As a result, the current market risk is high for a stock […]

Compared to the U.S. dollar, the euro has been on a rollercoaster ride for much of 2016. At the start of 2016, one euro would get you $1.08 U.S. Today, one euro will net you $1.12 U.S. Even though the U.S. economy is larger than the 28 member states that make up the eurozone, the […]

Despite the vast differences between Republican presidential hopeful Donald Trump and Democratic nominee Hillary Clinton, the race to the White House is going to be close.  But how will the stock market respond to a Trump or Clinton victory after November 8? Historically, there is a strong correlation with stock market returns and presidential elections, […]

Federal Reserve Worried about Stock Market Bubble Federal Reserve Chair Janet Yellen announced recently that she will leave interest rates unchanged in the range of 0.25% to 0.5%. The Fed signalled it could still tighten its monetary policy by the end of year as the labor market, she says, is improving. The Fed last raised […]