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Whether you’re seasoned or a novice, every investor makes mistakes when it comes to the stock market. In fact, mistakes are part of learning about stock market trading. Even the greatest investors in the world are still learning. Understanding the nuances of the stock market is a lifelong learning experience. Below you’ll find a list […]

Bearish George Soros Lost $1.0 Billion after Trump Won White House George Soros, the founder of the $4.5 billion Soros Fund Management LLC and the 23rd wealthiest person in the world1, lost nearly $1.0 billion as a result of the stock market rally after Donald Trump’s surprise election victory.2 Soros, who famously made $1.0 billion […]

Trump Victory Gives Pharmaceutical Stocks a Bump Whether through tweets, press conferences, or unscripted remarks, it’s becoming clear, that Donald Trump’s words have an immediate impact on the stock market. Immediately following Donald Trump’s election victory in early November, healthcare stocks got a bump, with many thinking pharmaceutical stocks would be one of the big […]

Gold Price Outlook 2017 Will gold prices rebound in 2017? After declining for years and falling out of favour with investors, gold prices rebounded in the first half of 2016, climbing 23% to around $1,380 per ounce. Gold prices gained ground on fears of a global recession and ongoing uncertainty about how the Brexit vote […]

Canadian Economy Contracts Canadian gross domestic products (GDP) contracted in October, a sign the Canadian economy is not as resilient as some thought. And it comes at a terrible time. Canadian’s are taking on record amounts of debt, wages are flat, and the unemployment rate remains near seven percent. The idea of Canada slipping into […]

Bank of Russia Is the World’s Largest Buyer of Gold Russia is hoarding gold and the Russian central bank is now the world’s largest buyer of gold. But why? In 2010, central banks around the world went from being net sellers of gold to being net buyers of gold. Following the U.S. financial crisis, central […]

Election Win by Donald Trump Sends Stocks Surprisingly Higher If you listened to the economists on Wall Street, a victory for Donald Trump would result in bloodbath on Wall Street. Citibank predicted that a Trump win would send equities lower by three to five percent. PBC News Hour forecasted a 10% drop on Wall Street […]

British Pound Remains Volatile Following Brexit Vote The British pound has been trading lower over the last six months on fears mounting from the Brexit vote. More recently, the pound has faced additional pressure from concerns about the economy, the early departure of Mark Carney, the head of the Bank of England, and a recent […]

Third-Quarter GDP Growth Not as Good as It Seems Many will point to recently released advanced third-quarter U.S. Gross Domestic Product (GDP) results as proof that the U.S. economy is getting better. So good in fact that the Federal Reserve will have no choice but to raise interest rates in December or early January. The […]

Bank of Canada Holds Key Rate at 0.5% The Bank of Canada kept its key lending rate at 0.5% (unchanged since July 2015) and reduced its outlook for the Canadian economy, blaming soft exports. The Bank of Canada trimmed its economic growth outlook for 2016 to just 1.1% from the July forecast of 1.3%. That […]