This past week, with a lull in economic news, corporate earnings captured the spotlight – and they certainly delivered. Fueling investor optimism further were the revised US Consumer Price Index numbers for December, indicating lower inflation than initially reported. This shift has led investors to speculate about the potential for the Federal Reserve to lower […]
Tag: net
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 January 19, 2024
I have often been asked what is gambling? Is not investing the same as gambling? Or similar variations of these questions. As an amateur investor myself, I remember feeling similar confusion when I first started. This week, I will attempt to answer this question for those who are considering investing in public companies or have […]
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 December 8, 2023
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 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.