Benchmarks moved higher on Friday, following an unanticipated boost in U.S. jobs growth in October. Consequently, the S&P 500 moved up for the week, following its worst performance in ten weeks on Thursday. The increasing prospect of the Federal Reserve tapering its stimulus program starting December raised bond yields. A few domestic reports were also released on Friday, providing data […]
Sign up for the Executive Summary email briefing to get the news delivered straight to your inbox first thing in the morning.Markets: By the numbersMonday’s North American closeTSX13,358.39 -19.94 -0.15%Dow Jones15,783.10 +21.32 +0.14%S&P 5001,771.89 +1.28 +0.07%Nasdaq3,919.79 +0.56 +0.01%Decent jobs growth, encouraging words from central bank officials and healthy earnings numbers were enough to push North American stock markets strongly higher yet again last week.The question […]
In its latest monthly report, Société Générale’s asset allocation team argues the U.S. stock market will be “at best flat over the coming few quarters, not forgetting risk of short-term correction.”The firm expects the yield on the 10-year U.S. Treasury note to rise to 3.9% in 2014 (from the current level of 2.75%) as the Fed winds down its quantitative […]
MPI/Getty ImagesThe stock market continues to set new highs, which is exciting and fun for those of us who own stocks.
I own stocks, so I’m certainly enjoying it.I hope stocks continue to charge higher, but I can’t find much data to suggest that they will. I only have a vague hope that the Fed will continue to pump air […]
“Where I’d avoid is the consumer-related names. Stay away from the retail-type of names. I think consumer confidence is going to be hit hard,” he said. “But I think some of these commodity names take a bid. The dollar continues to get weaker. Emerging market data gets better, so a Rio Tinto, that type of names—those are where […]
By Lance Roberts, CEO, StreetTalk AdvisorsIf you have been watching television, or reading headlines much as of late, you are undoubtedly aware that interest rates have risen. The current belief is that rising interest rates are a sign that the economy is improving as activity is pushing borrowing rates higher. In turn, as investors, this bodes well for corporate profitability which […]
