The Trump Tariffs And The Canadian Economy: A Different Perspective
Image Source: PixabayDonald Trump’s return to the White House raises concerns that his protectionist stance would likely have a significant impact on Canada-US bilateral trade. More than 75% of Canadian exports go to the U.S. The total bilateral trade market reached $900 billion in 2022. Some 26 US states claim that Canada is their largest export […]
Smaller Cap Biotechs Are In Season: How Are We Doing?
Image Source: UnsplashSMID Biotech Stocks are Primed for GOOD GAINS With election uncertainty over and a benign MACRO with rate cuts, small-cap biotechs should do well. Small-cap ETFs show good momentum in 2024: IJR, IWC, IWM, IWD. Nasdaq and S&P show good gains today. SMID biotech stocks still see a lot of speculative interest except for […]
EURUSD Stages A Comeback: Will Bulls Reclaim Lost Ground?
Image Source: PixabayAfter a significant downturn that saw the EURUSD pair plummet from 1.0936 to a low of 1.0682, the currency pair is showing signs of life once again. This recent bounce has caught the attention of forex traders, with many wondering if this is the start of a more substantial recovery.The pair has managed to […]
Dividend Watch: Three Companies Boosting Quarterly Payouts
Image Source: PixabayEverybody loves dividends, as they provide a passive income stream, limit drawdowns in other positions, and provide more than one way to profit from an investment.And when considering dividend-paying stocks, those with a history of boosting their payout are prime considerations, reflecting their commitment to increasingly rewarding shareholders.In addition, consistent dividend hikes reflect the […]
USD/CAD Holds Steady Above 1.3850 As Fed Cuts Its Rates, Eyes On Canadian Employment Report
Photo by Michelle Spollen on Unsplash USD/CAD trades flat around 1.3860 in Friday’s early Asian session. The Fed decided to cut the interest rate by a quarter percentage point on Thursday. The Canadian employment report will be closely watched. The USD/CAD pair flat lines near 1.3860 during the early Asian session on Friday. The Greenback faces some selling pressure […]
Rates: On Bunds Swap Spreads
Image Source: PexelsThe cheapening of German Bunds versus swaps has resumed and a cross read from the global cheapening phenomenon points to even wider levels at the long end, although the comparison has its shortcomings. By now the 10y Bund spread versus OIS is back to pre-QE levels, but persistent structural headwinds and political turmoil still warrant caution. Bund cheapening resumes […]
Debt-To-GDP Under Trump 1.0
Image Source: PexelsA reminder, so when next you hear about fiscal restraint.Figure 1: Debt held by the public as share of GDP (blue), and as share of potential GDP (red). NBER peak-to-trough recession dates shaded gray. Source: Treasury via FRED, CBO, NBER and author’s calculations.More By This Author:Everyday Price Inflation At 0.3% Y/Y? Recession After The Election? […]
Gold Climbs Above $2,700 As Fed Rate Cut Hammers US Yields
Image Source: Pixabay Gold benefited from Fed’s dovish rate cut and hints of flexibility in future policy direction. Powell signals rate cuts could adapt to labor market shifts, keeping investors cautious. Upcoming UoM Consumer Sentiment report and inflation expectations may further impact gold’s momentum. Gold prices climbed above $2,700 after the Federal Reserve (Fed) decided to lower […]
Food Commodities Comeback – 1st Sugar, Now Soybeans
It should come as no surprise that I have been watching sugar futures carefully for years.As the 3rd in my trifecta of inflation indicators, sugar has been sitting in wait.However, the chart looks incredible, but we will get to that in a moment.My bigger point is, the food shortages from weather, geopolitics, tariff wars, lower rates, […]
Stocks And Precious Metals Charts – Stocks Are Getting Extra Crispy
The risk markets seem to have finished gorging on the excess liquidity supplied by the Fed in the event of a dislocation caused by a disputed national election, which never happened.This reminds me very much of late in the year 2000 with a bubble of liquidity and a gross mispricing of risks.Hey what do I […]
