Skip to main content

Tag: mcd

Weekly Update for the week ending January 12, 2024

Posted on by

The markets kicked off 2024 with a stumble the previous week but recovered nicely this past week. While December often sees a surge due to year-end bonuses and holiday spirit (the “Santa Claus rally”), January can bring a return to normalcy with potential pullbacks. This week’s rebound shows the market’s inherent fluctuations, emphasizing the importance of a long-term perspective for investors.

Investing can be like planting an acorn – through careful selection, nurturing, and patience our portfolios will grow big and resilient. Remember, investing is a long-term game, and focusing on quality companies can help you reach your financial goals, even with the occasional dip along the way.

Weekly Update for the week ending January 5, 2024

Posted on by

Welcome to 2024! I hope everyone had a good Christmas break to recharge and get ready for 2024.

There was no Weekly Update for the last week of 2023, however, that does not mean all was quiet here. There were a few minor changes to the web site. As you may have noticed, the website received a fresh, new look and feel towards the end of 2023.

Weekly Update for the week ending December 22, 2023

Posted on by

his will be the final ‘Weekly Update’ of 2023. I am sure you will miss the scintillating commentary 😊, as I take a break for the last week of the year. Do not fret, the posts will resume January 5, 2024.

I would like to thank you for following along and bearing with me throughout the year. Hopefully, the 2024 markets will be more like this past year than 2022. 😊 In any event, enjoy the Christmas holiday as 2023 comes to a close and all the best in the coming year!

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, Stock market’s holiday hours …

Weekly Update for the week ending December 15, 2023

Posted on by

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 December 8, 2023

Posted on by

If you are curious about the future of interest rates, keep a close eye on consumer spending this holiday season. If spending drops by more than 5% compared to last year, we could see rates start to decline sooner rather than later. That would be a welcome Christmas present for many! 😊 Of course, if spending remains strong, rates could stay the same or even rise. ☹

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, Setting money aside for a rainy day, Bard, meet Gemini, …

Weekly Update for the week ending December 1, 2023

Posted on by

Items that may only interest or educate me ….

Canadian Economic news, US Economic news, Cyber weekend, Passing of an investing giant, ChatGPT turns 1….

Well, that was quite the November to remember, wasn’t it? It has only been a day but the investor optimism that propelled the markets higher in November seems to have carried over to December as the S&P 500 had its best day of the year to keep the November rally rolling into December. This optimism largely stems from analysts’ belief that the central banks are finished raising rates. Talk has turned from when will the banks stop raising rates to when will they start lowering rates.

Hopefully investor confidence will provide a strong tailwind leading into the annual Santa Claus rally. The rally typically lasts from mid December to early January. During this period, the markets have performed well 75% of the time. Let us hope Santa Claus arrives early and stays late. 😊