It’s a holiday today, so market’s aren’t open.
Interest rates have crept up a small amount, but remain so low that they will be supportive of business growth. That’s not so good for bondholders, and it may be time to consider taking profits.
Emerging market stocks (XEM) have taken the lead in momentum. European stocks, Canadian large caps and US large caps are all well-positioned to continue short-term growth.
The last six months have been painful, but it starts to look like the stock market may be ready for positive performance. Here’s hoping! (Hope is not a strategy.)