U.S Federal Reserve Juiced Stock Market Could Drop 20% Both Canadian and U.S. equities are trading near, or at, record highs. The S&P 500 is up 21% year-to-date and the TSX had advanced 19.25%. These strong gains come amidst a time when the global economy is showing serious signs of weakness, thanks in large part […]
Category Archives: Blog
Is the Canadian Economy Sputtering? Over the last couple of weeks Statistics Canada has released data that shows the Canadian economy is on fire. In the second quarter, the Canadian economy expanded at 3.7%. In August meanwhile, the Canadian economy created an eyewatering 81,000 jobs. Bay Street cheered, sending stocks, and the TSX to record […]
Welcome to our August 2019 Market Review! Our Chief Options Specialist, Jason Ayres, provides a summary of the market and explains why Learn-to-Trade.com has taken a defensive stance: Here’s what happened in August: Stocks continued to climb in July, which were driven by the expectation of a more accommodative monetary policy and a investor fear of […]
Escalating Trade Tensions Puts U.S. on Brink of Recession The economy goes in cycles—expansion (growth), peak, and contraction (recession). It always has and always will. That doesn’t mean global economies don’t try and do everything possible to prevent a recession. Unfortunately, trade tensions between the U.S. and China, the two biggest economies, seems to be […]
Ongoing economic risks are sending precious metals considerably higher. At the time of this writing, gold was trading at $1,551.80 an ounce; up 20.7% year-to-date and at its highest levels since April 2013. Silver prices have also been on a tear, up 16.7% this year at $18.50 an ounce. What’s juicing precious metal prices? Gold […]
U.S. and Global Economy Cooling From the sidelines, everything looks great on Wall Street. Stocks are up with the S&P 500, Nasdaq, Dow Jones Industrial Average, and Toronto Stock Exchange all at, or near record levels. The stock market is a forward-looking indicator, so that bodes well for growth prospects. Or does it? Precious metals […]
The U.S. economy is churning out, for the most part, solid economic data and the broader markets are at record levels. In fact, many Wall Street analysts are predicting the S&P 500, which recently broke the 3,000 level for the first time, could surge past 3,200. Yet, amongst all of the bullish sentiment, two well-known […]
Bank of Canada Maintains Lending Rate of 1.75% The Bank of Canada announced it was leaving its key interest rate unchanged at 1.75%. The central bank modified its economic outlook for the Canadian economy, saying it expects slightly stronger growth in 2019 and weaker growth in 2020. The dour outlook is being fuelled by the […]
As we enter the second half of the year, our Chief Options Specialist, Jason Ayres, provides a market overview for July 2019. Here’s what is happening in the market: The old saying that “the market climbs a wall of worry” seems to be quite fitting as uncertainties surrounding trade relations between the U.S. and China […]
U.S. stocks closed out the best June in decades with momentum carrying into the second half of the year. The S&P 500 is at record levels and stocks closed at a record high on July 3, for the third day in a row. The TSX meanwhile is less than 1% off a new record close. […]