Tracking the Top Canadian Recreational Marijuana Stocks
Published September 20, 2018 |
On October 17, 2018, Canada will make history when it becomes the first industrial country to legalize the recreational use of marijuana. Because the untapped recreational pot industry is projected to be worth billions and industry growth is expected to trounce the broader markets, investors have been looking for the best marijuana stocks to invest Read More
A Tale of Two Economies: Blistering U.S. Economy Adds Jobs, Ailing Canadian Economy Sheds Jobs
Published September 13, 2018 |
The Canadian economy is entwined with the U.S. economy, but the two economies are not exactly going in the same direction. Recent economic data shows that the U.S. economy is red hot, while the Canadian economy is slowing down; and the worst is yet to come. U.S. President Donald Trump has said that if Canada Read More
Stocks Continue to Soar but Risks Could Derail Record Bull Market
Published September 6, 2018 |
Stocks are soaring and the 10-year old bull market is the longest on record. In fact, the party on Wall Street ranks as one of the greatest bonanza’s in U.S. stock market history. While the Nasdaq and S&P 500 are at record highs and the U.S. economy continues to chug along but there are a Read More
Rebounding Canadian Economy Points to Even More Rate Hikes in 2018
Published July 26, 2018 |
Inflation and Retail Sales Up…So Are Chances of a Rate Hike Canada’s economy rebounded in the second quarter with inflation and retail sales beating analyst expectations. Stronger data on the Canadian economy will certainly increase the chance the Bank of Canada will raise its key lending rate when it next meets in October. While this Read More
As Fears of a Global Trade War Ramps Up, Investors Look for Best Places to Park Their Money
Published July 19, 2018 |
The global trade war initiated by U.S. President Donald Trump is ramping up. On July 1, 2018, the U.S. began imposing a 25% tariff on Canadian steel and 10% tariff on aluminum. President Trump has also slapped China, Russia, Mexico, and the European Union with imposing tariffs. So far, each country has retaliated tit-for-tat, but Read More
More Than 1,000 Cryptocurrenices Have Failed in 2018 and Most Investors Don’t Understand the Risks
Published July 12, 2018 |
As More Cryptocurrencies Fail, Few Understand the Risks The cryptocurrency market has been one of the fastest growing sectors over the last couple of years, with Bitcoin, Litecoin, and Ethereum hogging most of the spotlight. With any new industry, there are going to be growing pains and it’s important for investors to understand the risks Read More
The Odds of a Bank of Canada July Interest Rate Hike Soar
Published July 5, 2018 |
Bank of Canada Hints at Looming Rate Hike The odds that the Bank of Canada will announce a rate hike on July 11 shot up after Governor Stephen Poloz said the economy was strong enough to support higher interest rates. This in spite of mounting tensions with the U.S. and fears of an all-out trade Read More