Slowing Economy and Rising Insolvencies It was a pretty good month for stocks. The Dow Jones actually gained 11% during the first 2 months of 2019, its best 2 months in a decade. 🙂 But not everything is looking positive. Bond yields have been falling since December, suggesting slower growth. And the number of Canadians who filed for… Read More »
Markets make a big comeback in January December 2018 was a terrible time to be long in the stock market. If it weren’t for the brief rally on the last week of the month, the S&P 500 and Dow Jones would have had their worst December since the Great Depression. But suddenly the bulls took over in the… Read More »
Changes in the Financial Markets in 2018 Currencies: Canadian dollar weaken from 0.80 to 0.73 USD.(Less purchasing power and more expensive imports, such as food from the U.S.) U.S. dollar index up to 96 from 92.(Non Americans pay a higher premium to buy U.S. investments.) Stock Markets: Most markets around the world dropped in 2018, especially Emerging and Asian markets.… Read More »
A lot has happened globally in the last few weeks that makes me weary about the growth of the financial markets over the next 1 to 2 years. Inflation in France sparked violent protests. The U.S. federal budget deficit for fiscal year 2019 is projected to be nearly $1 trillion. It will be hard to find borrowers who… Read More »
It was bound to happen sooner or later. October was a bad month for the stock markets. Some of my highest growing stocks in the technology sector such as Facebook, Amazon, Netflix, and Google (Alphabet) or FANG stocks fell into bear market territory, which means they’ve fallen by more than 20% from the top. Here is a look… Read More »
2018 is passing by quickly. We are already in the final quarter. 🙂 My stock portfolio’s value dropped a little in September. But I still managed to grow my net worth by half a percent for the month thanks to my multiple income streams. By January 2019 my goal is to have a net worth of $1 million. 🙂… Read More »