Federal Reserve to Raise Interest Rates Three of Four Times in 2018
Published April 19, 2018 |
Federal Reserve Eyes Further Rate Hikes in 2018 The Federal Reserve raised its key lending rate on Wednesday, March 21; the first meeting under new Chairman Jerome Powell. The rate hike is a sign of confidence that the U.S. economy is getting strong with low unemployment and rising wages. The big question is how many Read More
Markets Volatile after Worst April Start Since the Great Depression
Published April 12, 2018 |
Markets Slump on Falling Tech Stocks and Fears of Trade War After a strong 2017, in which the S&P 500 advanced more than 20%, it appeared as though that momentum would carry into 2018. By late January, the index was up a further 7.5% and in record territory. It’s been a stomach-churning roller coaster since Read More
Rising Interest Rates Are Impacting Canadians
Published April 5, 2018 |
After raising interest rates three times in 2017, the Bank of Canada held its key lending rate at 1.25% in March, with Stephen Poloz, the head of the bank, saying policy makers will “continue to monitor the economy’s sensitivity to higher interest rates.”1 But with the U.S. Federal Reserve storming ahead with its own rate Read More
Do Cryptocurrency Risks Outweigh the Potential Returns?
Published March 22, 2018 |
Managing the Risks of Cryptocurrency & Blockchain Investing Anyone who has paid attention to cryptocurrencies like Bitcoin over the last couple of years understands just how volatile the market can be. In March 2017, one Bitcoin was worth around $1,000; by December it was trading hands at more than $19,000. It’s been a different story Read More
Outlook on Oil Prices as the U.S. Is Set to Become the World’s Largest Oil Producer
Published March 15, 2018 |
Where Are Oil Markets Heading? For much of 2016 and 2017, oil prices traded in a tight range with a ceiling near $54 per barrel. But that changed late last year, with oil prices breaking out to the upside and in January 2018, oil prices broke above $66 per barrel. Where are oil prices heading? Read More
Will President Trump Follow Through on Steep Tariffs for Canadian Steel and Aluminum?
Published March 8, 2018 |
Trump Announces Stiff Tariffs – No Breaks for Canada U.S. President Donald Trump is ratcheting up his war on trade. On March 1, Trump threatened to hit steel and aluminum imports with massive tariffs. Doing so would mean Canadian producers of steel and aluminum would take a bit hit. A trade war with the U.S. Read More
Canadian Stock Market Worst in the World
Published March 1, 2018 |
Corporate Canada Doing Well, Canadian Stocks Not So Much Globally, major stock market indices are doing well; however, the same cannot be said for the Canadian stock market. The big question is, after a strong earnings season, will Canadian stocks rebound? A year ago, the Dow Jones Industrial Average passed the 20,000 plateau for the Read More