North American stock markets have marched higher this year, reaching historic highs in April in Canada and early May in the US as investors shrugged off concerns about the global economy, US-ChinaRead More…
Recovery in Global Financial Markets Continues in First Quarter 2019
Recovery in Global Financial Markets Continues Stock markets rallied strongly off their December lows during the first quarter, notwithstanding mounting global economic concerns, a messy and still unresolved Brexit and investors panickingRead More…
Global Financial Markets in Recovery Mode for 2019
It is no secret that 2018 was not as favourable as many investors would have liked. Global financial markets were unstable and unpredictable, with volatility reminiscent of the 2008 financial crisis resurfacingRead More…
Stocks End 2018 With Wild Ride
Down 1127.27, Up 1540.48, down 4034.23, up 1086.25, the Dow’s last six weeks have been a wild ride indeed. Mr. Toad, a Middle Ages thought leader rivalling Occam, nailed it—Semper Absurda, TodiRead More…
Tug of War: Earnings, Interest Rates, and Trade Policy
Tug of War: Earnings, Interest Rates, and Trade Policy Under Jerome Powell’s chairmanship, Fed policy focus has returned to long-term sustainable growth and economic stability. This is at best a precarious ventureRead More…
Canadian Heavy Oil Producers Suffering From WCS Discount
Canada’s heavy crude oil discount to West Texas Intermediate (WTI) crude has increased to its highest level. This has raised the spectre of a prolonged downturn for domestic oil producers who haveRead More…