Interest rates have fallen again. Normally I would suggest that bond values are higher, but this time I’m going to point out that interest rates are volatile. The economy is less predictable than usual and optimism does not appear to be high.
The asset rotation model continues to favour XIN. Either European stocks are doing well or the Canadian dollar is doing badly (or both). But I don’t trade currencies, so I’m not really interested in which it is.
Canadian stocks that look appealing include VRX, BAM.A and AGU.
American stocks that may be profitable in the short term include BMY, MAG and UNH.