Since I have been doing this investing blog, I have often read of various central banks’ target of a 2% rate of inflation. This is the figure that the Bank of Canada, the US Federal Reserve, European Central Bank, and other central banks often site. It got me to wondering why 2%? Was it arbitrary […]
Tag: TTD
Weekly Update for the week ending April 19, 2024
April has not been the easiest month for us investors. We have seen losses across the board, with each week bringing its own set of challenges. The first week the markets dipped following strong US labour data, suggesting the economy might be too warm, which could deter the US Federal Reserve (Fed) from lowering interest rates. In the second week, higher-than-expected inflation data further soured the mood, heightening concerns about persistent high prices. This past week, comments from various Fed officials have added to market jitters. Fed Chair Jerome Powell emphasized that the current 5.5% interest rate could stay in place “as long as needed” to manage inflation, a stance echoed by other officials who see no rush to cut rates.
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Weekly Update for the week ending February 16, 2024
The past six months have been a rollercoaster ride for investors as expectations regarding the Federal Reserve’s (Fed) interest rate policy shifted gears. Initially, investors and analysts were talking about the Fed maintaining the rate at 5.5% for a while, only to switch towards discussions of potential rate cuts early in 2024. However, recent inflation […]
Weekly Update for the week ending November 10, 2023
Canadian Economic news, US Economic news …
It is earnings report season again, this time for the third quarter. The number of companies reporting in the three portfolios has been increasing steadily, reaching 35 this week. I admit it can cause one’s eyes to glaze over, however, these reports are crucial to understanding how the companies you own are faring.
With all the reports this past week, fortunately, there were no key economic reports in Canada or the US this past week. Otherwise, this Weekly Update would have gone on forever, writing it certainly seemed like it did. Sigh! 😊
Weekly Update for the week ending September 1, 2023
Entering a volatile month for trading, Canadian Economic news, US Economic news …
First, lets start by wishing everyone a happy, relaxing Labour Day long weekend!
The week ending July 22, 2022
Loose change… This past week Canada’s June inflation rate came in at 8.1%, the highest since 1983. I know I’m feeling the bite of inflation. Higher gasoline prices are driving (pun intended) a lot of that increase, but prices across the board are up – food, housing and transportation are all up. The last time […]