I’m taking a few weeks off. My market outlook is interesting, but I’m still not convinced that it’s really helpful. And my robot needs some work, because he’s having trouble pulling the data needed. I think that markets are fundamentally
US stocks and global stocks are outperforming Canadian stocks. Bonds are lagging. Gold isn’t going anywhere, but oil has been climbing quite well recently, reaching almost $65 US. Small caps are outperforming large caps in Canada, as might be expected,
Stock market superstition says: As goes January, so goes the year. Some people believe the first five days of January are an indicator of how the markets will fare over the year, and thus far, January has gone quite well.
Looking back, 2017 was a positive year for stocks. The Canadian stock market rose 6.3%, but it wasn’t consistent. It was basically flat for the first five months, then fell in June (typical), then was flat until mid-September when it