Bonds are struggling. Canadian stocks had a good week. US stocks have greater momentum, but the strengthening Canadian dollar dampens the returns (for us). Surprisingly, the oil price has risen, breaking $50 for the first time in quite a while.
Okay, how is it the middle of September already? Will the stock market continue to pull back? Will we see a correction or (touching wood) a crash? I don’t like the outlook for much of anything. The Canadian dollar is
The Bank of Canada raised interest rates again, which continued to push the Canadian dollar higher. Canadian stocks are down 1.36% for the week, and bond prices also fell. The Canadian stock market is struggling, but that means it also
It looks like interest rates will continue to rise. That’s good for the Canadian dollar and the exchange rate, but it’s not so good for bond investments or preferred shares. Financials might also be less profitable going forward, although banks
What an awful week. Stock markets didn’t perform well, but even worse were the two hurricanes that hit Hong Kong and Houston. Interest Rates The 3 month T-bill rate is 0.66%, the 1 year T-bill rate is 0.93%, the 3
The market doesn’t look too happy. We’re nearing the end of summer, so it’s not surprising that the market isn’t moving in a clear direction. And we’re also coming up to September & October, which is traditionally volatile. Interest Rates
The stock market doesn’t like uncertainty, and I think it may be fair to say that it especially doesn’t like nuclear uncertainty. Stocks fell last week, but they remain in an upward trend and are now less expensive than last
Interest Rates The 3 month T-bill rate is 0.67%, the 1 year T-bill rate is 0.91%, the 3 year government bond yield is 1.36%, the 10 year government bond yield is 2.00% and the long government bond yield is 2.42%.
Very little editing has been done, and it’s late. Because holidays. Interest Rates The 3 month T-bill rate is 0.68%, the 1 year T-bill rate is 0.88%, the 3 year government bond yield is 1.31%, the 10 year government bond
The yield curve is beginning to take a more normal shape (concave) now that short-term interest rates were raised by the Bank of Canada. Banks have also raised their prime rate by 0.25% to 2.95%. I remember that when the