The stock market fell less than 1% over the past week. Looking back to the beginning of the month, it’s risen less than 1% since that time. The general view seems a little gloomy, and September and October are just
Oil prices have risen somewhat; no higher than they were a couple months ago, but better than last week. The past week was negative for stocks, but of the one-step-forward-one-step-back variety. Canadian small caps continue to shine. And the Canadian
Interest Rates The 3 month T-bill rate is 0.47%, the 1 year T-bill rate is 0.52%, the 3 year government bond yield is 0.54%, the 10 year government bond yield is 1.04% and the long government bond yield is 1.64%.
I don’t like the look of bonds or oil prices, or even gold. The bond yield curve is quite flat, which seems to be in response to lower long-term yields. I find it surprising to see that Canadian, American and
Oops, I’m a couple days late. I’m happy with my stock “forecast” for July. I predicted a 62% of the market finishing the month higher than it began. It rose from 14,064.54 to 14,566.65, for a gain of 3.68%. I realize