Market Review – November 2019
Hello everyone and welcome back! In this Market Review, our Chief Options Specialist, Jason Ayres, reflects on the November market. Here’s what you need to know: We are witnessing the longest economic expansion in history, despite there being no resolution to the trade war between the U.S. and China The economy is currently being driven…
Canadian Economy to Slow in 2020 as Global Manufacturing Recession Takes Hold
On the surface, the Canadian economy seems to be doing well. The country’s job market is on track for one of its best years ever and the economy is improving, albeit at a snail’s pace. Still, there is growing consensus that the Canadian economy will slow in 2020 as a result of the global manufacturing…
Bank of Canada Holds Rate Steady Despite Gloomy Economic Outlook
On October 30, the Bank of Canada announced that it was keeping its key overnight lending rate at 1.75%. Keeping interest rates pat generally means the central bank is optimistic about the economy, which is good for the Canadian dollar. Not this time. The Bank of Canada forecasted a weaker domestic outlook over the next…
Recession Talk Heats Up as Canadian Household Debt Levels Become Unmanageable
Is the Canadian Economy on the Verge of a Recession? Talk of a recession seems a little premature. Yes, the current bull market is the longest on record and is due for a correction, but the economic data coming out of the U.S. is solid, although it’s beginning to show signs of weakness. And since…
Market Review – October 2019
Welcome back to our Market Review! This month, our Chief Options Specialist, Jason Ayres, reflects on the October market. Overall, North American markets managed to deliver modest returns for the month of September. Despite predictions that Trump’s impeachment will impact the markets, we don’t think it will have a material impact on the stock markets.…
Will the Canadian Economy Slip into a Recession Over the Next 12 Months?
There has been a lot of talk about the U.S. economy heading into a recession over the next 12-months. Whether that will happen or not is, of course, open for debate. But a growing number of economists now believe there is a much greater chance that the Canadian economy will slip into a recession over…
Stock Market Remains Choppy as Investors Mull Q3 Earnings and Partial U.S./China Trade Pact
Why Is the Stock Market So Choppy? Stocks ended the third quarter on a bullish note but started the fourth quarter in the red. North American stocks are starting the fourth quarter of the year in a choppy, see-saw fashion as uncertainty around third quarter earnings set in and questions linger over the partial U.S./China…
After Strong Start to 2019, Toronto Stock Exchange Is Facing Headwinds
Is the Rally on the Toronto Stock Exchange Coming to an End? The Toronto Stock Exchange (TSE) was one of the best performing indexes at the start of the year. After the best start to a year since 2000, the TSE continued to hit new highs on record profit forecasts. Despite the strong start to…
Investors Should Get Ready for a Volatile Ride in October
Most analysts believe that the bull market, which started after the markets bottomed in March 2009, is in dying days. And yet, September was a big surprise for Wall Street. That’s because it is historically the worst month for stocks; instead, the markets were surprisingly resilient. Was that the calm before the storm? In addition…
Market Review – September 2019
Welcome back! Our Chief Options Specialist, Jason Ayres, reflects on the September market. Watch the video below for his September 2019 Market Review. Not much has changed in September compared to August. The U.S. and China introduced new tariffs and once again the U.S. Treasury market flashed warning signs. Very little damage occurred to the…