Overall my take is that there is a lot of demand waiting to be unleashed through the form of savings and lower debt utilization. This is the tale of two worlds where service and other areas affected by forced shut-downs are suffering horribly while there are other...
November was an exceptionally strong month in the stock markets. Today I talk to you about: Portfolio Positioning Economic Developments Are You Wealthy? November was a phenomenal month and possibly our best month ever. As the year enters the last month I begin to...
Today I talk about some interesting developments in the mortgage market, economic truths across the world of course, the U.S. election. Cheap Interest & Your Home U.S. 30 year mortgage rates are incredibly low, around 3.01%. Yes, for the next 30 years in the U.S....
As if 2020 couldn’t get any crazier. The world was basically shut down due to a global pandemic, kids worldwide not attending in-person school, a hot button US election with the chances of the incumbent president likely to reject the results if he loses and now the US...
We had another phenomenal month in August with the US S&P 500 up 7.0%, the NASDAQ up 9.6% and US industrials were up 8.5% and adjusted for USDCAD currency changes US industrials was up 5.8%. The Canadian TSX was up 2.1% in August. My preference for the US has been...
The news with the economy seems to be going in opposite directions from the stock markets. I can’t help but ask why and try and find an answer. Let’s look at some economic data first. US retail sales are on a solid uptrend, that’s positive. Inflation...
