Category Archives: News

Dark anniversary for market passes without fret or consequence

The 30-year anniversary of the Black Monday (October 19, 1987) came and went without generating fits of anxiety in equity markets. Equities were also mostly able to shake off rising geopolitical risk as the Spanish government took steps to suspend … Continue reading

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Markets surprisingly calm as earnings season kicks off

  Reporting of third quarter earnings got underway this week with hopes that continued improvement in corporate results will deliver another month of positive returns to equities. On a total return (USD) basis, the S&P 500 Composite index has been … Continue reading

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OSFI Changes May Signal Expectations of 2% Increase in Mortgage Interest Rates

This month the Office of Superintendent of Financial Institutions for Canada is finalizing changes in legislation that will include requiring those that purchase a home with a minimum down payment of at least 20%, not needing mortgage insurance, to prove … Continue reading

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Oil spikes higher and the “Trump trade” returns

Crude oil prices jumped this week driving big gains in energy stocks. Meanwhile, comments from Federal Reserve Chair Janet Yellen and the unveiling of the Republican tax plan in the U.S. gave new life to the so-called “Trump trade” (gains … Continue reading

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Fed says policy path not deflected by hurricanes

The U.S. Federal Reserve policy statement this week drove most market movements – with the U.S. dollar, global bond yields, and equities all advancing – while precious metals and non-USD safe haven currencies were broadly lower. Once again all three … Continue reading

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