Happy holidays and happy Sunday. This week we’ll kick things off with two videos on the same theme. The economist and financial prognosticator industry is massive. Just turn on BNN Bloomberg, CNBC, or other. The problem is, they all get it wrong, just about all the time. Charlie Bilello brings that to life with the […]
A November to remember for stocks, on the Sunday Reads.
The history of stock market momentum signalled that November would be a strong month, and history more than rhymed. November delivered almost 9% for U.S. stocks and Canadian stocks had a strong month up over 6%. International stocks were up by near 6% as well. Bonds are back as well. With inflation cooperating and predictions […]
Canada is winning the inflation fight on the Sunday Reads.
Inflation continues to move in the right direction. While we have a ways to go to get to the Bank of Canada’s 2% target, it is good news. We can thank lower energy costs for much of the heavy lifting in the inflation report from this past week. It’s possible that lower energy prices might […]
Bears sound smart. Bulls make money on the Sunday Reads.
Today’s headline is borrowed from a Tweet that you’ll find later in this post. That notion is so bang on and perhaps summarizes what has been going on for a year or three, and well, forever. The investors and portfolio managers that have been scared off by the risks have been treated to some level […]
Stocks had their best week of the year on the Sunday Reads.
Stock markets in the U.S. cheered a rate pause and a weaker than expected jobs report. U.S. stocks had their best week of the year and of course, Canadian and international stocks played along. Equities notched sizable weekly gains as investors grew hopeful that the Federal Reserve’s rate-hiking campaign is over. The Dow was up […]
The Bank of Canada says “I’ll hold” on the Sunday Reads.
The Bank of Canada stood pat for the second time in a row. There are enough signs of economic weakness. And that economic weakness is likely to continue and accelerate. While inflation has been sticky, it’s also very likely that weakness will contribute to further downward pressure on inflation. The real estate sector appears ready […]