Inflation expectations are rising, which doesn’t bode well for the economy. On the other hand, interest rates are extremely low, which is generally stimulative of the economy. The stock market had a good week, rising almost 2%. That doesn’t make
Merry Christmas! The TSX is closed on December 26th and December 27th. It will be a very short week, and I’ll post my market outlook on December 28th.
The good news is that the VIX continues to fall. It is now below 25 (a little), and hopefully it will continue to fall below 20. This would mean that the popular outlook is becoming more tempered and less expectant
In a couple recent blog posts looking at the state of the stock market, I have referred to the VIX. It has occurred to me to dig a little deeper to find out what the VIX measures and how it
First, what really concerns me is that interest rates have fallen lower than I have seen them. Going back to the crisis of 2008, interest rates have not been lower (and they were far higher before the market crash). In
Peter Cundill passed away in January 2011 at age 77. A biography was written about him, called There’s Always Something to Do: The Peter Cundill Investment Approach. It was completed while Cundill was still alive, but arrived in the library
The stock market surged this week, rising over 5%. To put that in perspective, two weeks in a row like that would provide a year’s worth of return (10% growth). But coming after four negative weeks in a row that