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Weekly Update for the week ending February 2, 2024

Another week brings us to yet another set of all-time highs for the S&P and DJIA! Despite a mid-week dip caused by the Federal Reserve’s decision to keep US interest rates steady, and caution it was unlikely the rate would go down in March, these indexes rebounded to set new records. The Nasdaq followed suit, closing the week at its highest point in two years. Unfortunately, the TSX didn’t share in the fortune, closing the week on a less positive note. ☹

Weekly Update for the week ending April 7, 2023

Items that may only interest or educate me …. Canadian economic stats, oil production cutbacks, American jobs cooling, but first …. Last Thursday, Statistics Canada reported the Canadian economy remains strong, adding 34,700 jobs in March, higher than the 12,000 jobs analysts predicted. Employment has been trending upward since September, with March being the seventh […]