Category Archives: Blog

Is the Strong Growth Story in 2019 Due to the U.S. Federal Reserve Cutting Rates?

Stock market or forex trading

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 […]

Canada’s Blockbuster Economic Data Not Nearly as Rosy as Is Appears

investing in stock market

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 […]

The Three Biggest Factors Driving the U.S. Economy Are Stalling

Health Industry stock market

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 Sends Gold Prices Soaring to Six-Year Highs

Gold Price

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. Economy Cools in the Second Quarter and IMF Cuts Global Economic Outlook

stock market investment

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 […]

Is Now the Time to Invest in Gold, Silver, and Bitcoin?

gold investment

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 Holds Rates Steady as Trade War Uncertainty Takes Toll

trading

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 […]