Latest Articles
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Wall Street Strategists Herding Together In 2017
Heading into the new year Wall Street Strategists are estimating the S&P500 will finish at 2356 in 2017. This is about a 5% gain ... -
Chinese Offshore Yuan Sees Largest Two Day Gain Ever
A combination of strong Chinese service sector data and low liquidity offshore sent the yuan surging as much as 2.6% over the last two ... -
Strong Inflation And Employment Data May Put Pressure On The Fed
Last Friday we got a solid US jobs report which hit all the points required for a more hawkish Fed in the short-term. The ... -
Certain OPEC Members Threaten Gains From November Production Cut
When OPEC agreed to cut oil production 4% back on November 30th they exempt Libya from cutting due to its internal conflict which has disrupted ... -
Vancouver Housing Continues To Decline
While Toronto house prices gained 1.2% in December, Vancouver on the other hand continues to deflate as house prices fell 0.8% in December, see ... -
Strong January Skews Returns To the Upside
When the year starts with a positive performing market in January investment returns for the year tend to skew to the upside. When January ... -
Bank Of Canada Keeps Rates Steady, Mentions A Rate Cut Is Still On The Table
Not much new from the Bank of Canada which kept interest rates steady at 0.50% at today’s policy meeting. The Bank revised US growth ... -
S&P500 Hits Longest Stretch Without A 1% Decline In The Current Bull Market (At 68 days now)
Interesting chart from LPL Research shows the S&P500 has gone 66 (now 68) days without a decline of 1% or more. This is now ... -
US Drillers Add Most Rigs In Nearly Four Years
Over the weekend OPEC confirmed compliance amongst its members for the production cut was running ahead of schedule. Of the planned 1.8 million barrels ... -
January Has Been Characterized By Reversion Trades
Aside from the large “reflation trade” moves today the market consolidation since December has been characterized by reversion trades. The following chart from Strategas ...
