Description: One estimate says the bill would add $1.4 trillion to the U.S. economy over eight years, but without enough workers, efforts to strengthen roads and public transit could be set back. Source: NYTimes.com Date: Sep 10, 2021 Link: https://www.nytimes.com/2021/09/09/us/politics/biden-infrastructure-plan.html Questions for discussion: What does the report say about the impact scare skilled workers is… Read more »
Posts Categorized: Market Analysis
Bonds Are in the Dumper and Stocks May Head There, Bill Gross Says
Description: Cash has been trash for a long time, but there are now new contenders for the investment garbage can,’ investor Bill Gross says. Source: TheStreet.com Date: Sep 02, 2021 Link: https://www.thestreet.com/investing/bonds-in-dumper-stocks-may-follow-says-investor-bill-gross Questions for discussion: What is the basis for this prediction? Do you agree with the analysis? What would your recommendations… Read more »
The loonie was at par with the U.S. dollar last time Canada’s trade surplus was so robust. What’s so different now?
Description: An unexpected perk of the pandemic is Canada recording its first current account surpluses in about 13 years, but the milestone hasn’t been transformative for the Canadian dollar. Source: FinancialPost.com – video report Date: Sep 01, 2021 Link: https://financialpost.com/news/economy/the-loonie-was-at-par-with-the-u-s-dollar-the-last-time-canadas-trade-surplus-was-so-robust-whats-so-different-this-time Questions for discussion: Summarize the reasons given for the current value of… Read more »
The economy is expected to boom in the second quarter, and that’s good news for stocks
Description: The nation’s economic growth is in for a boost in the second quarter, as parts of the economy most impacted by the pandemic reopen. Source: CNBC.com – video report Date: Apr 01, 2021 Link: https://www.cnbc.com/2021/04/01/economic-boom-in-the-second-quarter-a-boost-for-stocks.html Questions for discussion: What is the basis for this prediction? Do you agree with the assessment? What would you… Read more »
Biden’s ‘Morning in America’ moment sparks a furious debate
Description: Another massive injection of federal cash could ignite the economy like never before. It also could drive up inflation and burst market bubbles, creating new headaches in an otherwise positive outlook. Source: Politico.com Date: Mar 10, 2021 Link: https://www.politico.com/news/2021/03/09/biden-economy-coronavirus-stimulus-474860 Questions for discussion: What does the article say is the connection between the deficit spending… Read more »
Tech comeback rally gains steam as Nasdaq jumps 4%, Tesla rebounds 17%
Description: U.S. stocks jumped sharply on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares. Source: CNBC.com – video report Date: Mar 09, 2021 Link: https://www.cnbc.com/2021/03/08/dow-futures-rise-extending-mondays-300-point-rally.html Questions for discussion: What explains the sudden movements in stocks, according to the report? What would you advise investors do over the next… Read more »
RBC CEO McKay sees inflation prompting rate hikes next year
Description: Royal Bank of Canada Chief Executive Officer Dave McKay says inflationary pressures will force central banks to start raising interest rates as soon as next year. Source: FinancialPost.com Date: Mar 10, 2021 Link: https://www.bnnbloomberg.ca/rbc-ceo-mckay-sees-inflation-prompting-rate-hikes-next-year-1.1574442 Questions for discussion: Summarize the opinions expressed by CEO Dave McKay. Do you agree with his assessments and predictions? What… Read more »
‘This bond market is so radically oversold,’ economist David Rosenberg says
Description: Economist David Rosenberg says he made a career by not following the herd, and his bond forecast could be considered the latest example. Source: CNBC.com – video report Date: Feb 28, 2021 Link: https://www.cnbc.com/2021/02/28/this-bond-market-is-so-radically-oversold-economist-david-rosenberg.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What are the predictions for bonds made by David Rosenberg? What is the basis of his analysis and… Read more »
Can the bull market in stocks survive rising inflation, bond yields? Here’s what history says
Description: Rising Treasury yields are sending shivers through the stock market, particularly for highflying tech-related stocks. But history shows that when yields are rising “for the right reasons,” tech shares and cyclically sensitive stocks tend to thrive, according to Raymond James. Source: MarketWatch.com Date: Feb 22, 2021 Link: https://www.marketwatch.com/story/rising-bond-yields-mean-these-stock-market-sectors-have-the-most-to-gain-or-lose-11614014529?reflink=mw_share_email Questions for discussion: What are the… Read more »
S&P 500 closes slightly lower as investors grow concerned about surging bond yields
Description: The S&P 500 reversed lower in volatile trading on Tuesday, slipping from a record high as rising bond yields kept investors on edge.The broad equity benchmark erased a 0.4% gain to close 0.1% lower at 3,932.59. The tech-heavy Nasdaq Composite fell 0.3% to 14,047.50. The Dow Jones Industrial Average closed up 64.35 points, or… Read more »
