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Weekly Update for the week ending December 15, 2023

The US Federal Reserve just gave the markets the gift they have been waiting for: potential cuts to the US interest rate next year! That was enough to get the bulls attention. Investors are cheering, confidence is surging, and it might just be the start of the Santa Claus Rally. Let us dive into what the Fed’s signal means for the portfolios and whether this means we are officially in for a holly jolly market ride.

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, Federal Open Market Committee rate decision, Benchmark rates elsewhere, ….

Weekly Update for the week ending October 13, 2023

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, A new investing resource, AI at work …

Apparently, mid October is when the stock markets historically start to rally until the end of the year. After 18 months of rate hikes by the Canadian and US central banks, both economies have avoided a recession. In Canada, the growth in the labour market easily surpassed expectations for the last three months. It is a similar story in the US, only a stronger labour market and more robust economy. Inflation that refuses to go away is the speed bump preventing the markets from rallying. But let’s not get ahead of ourselves. Here’s a quick look at items that caught my attention this past week.

Weekly Update for the week ending March 24, 2023

Items that may only interest or educate me …. Canadian CPI and sales stats, US interest rate hike, Global central bank hikes, Credit Suisse, Global banking issues, Another online investing app … Statistics Canada’s February Consumer Price Index report showed Canada’s annual inflation rate fell to 5.2% in February, down from January’s 5.9%. February’s rate […]

Weekly Update for the week ending March 10, 2023

Items that may only interest or educate me …. Canadian interest rate pauses, Canadian trade surplus, Canadian economy grows, US interest rate concerns, US jobs, US bank fails … January’s inflation rate was 5.9%, down from December’s 6.3%, and the economy was flat during the fourth quarter (October 1 through December 31). Given this environment, […]