Skip to main content

Weekly Update for the week ending February 9, 2024

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 […]

Weekly Update for the week ending December 22, 2023

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 1, 2023

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. 😊