The other day, a friend was teasing me for not knowing that the Nintendo stock would take off. Pokemon Go was released in a number of countries worldwide and has proven to be hugely popular. I’ll freely admit that I’ve
Interest Rates The 3 month T-bill rate is 0.48%, the 1 year T-bill rate is 0.53%, the 3 year government bond yield is 0.57%, the 10 year government bond yield is 1.09% and the long government bond yield is 1.73%.
Whereas June ended on a sour note for stocks, July has seen slow and steady growth. Stocks are more attractive than bonds as an investment at the present, and small caps in Canada look especially strong. The gold price has
Short bonds seem to be going nowhere as investors prefer long bonds. The oil price is dropping, but gold continues to rise. That, along with silver and base metals, is probably what’s supporting Canadian small caps, which are outperforming large
The P/E ratio is the ratio of the price of a stock to the earnings of the company. For example, if a share of a company’s stock costs $10 and over the past year the company earnings $1 per share, then
The mood in the market seems pretty somber. We are witnessing a flight to safety, with a clear preference for bonds over stocks, government over corpoI am traveling today, so I’m not able to insert the usual charts and graphics.
In June, I made a forecast for the TSX stock index. I predicted that “there is a 51% chance that the TSX will end the month higher than 14,063.54.” In fact, the TSX finished the month of June at 14,064.54.