Funds Cut/Present Situation Index/Excess Reserves

 March 29, 2019 |Bruce MacKay
Funds Cut/Present Situation Index/Excess Reserves Equity markets in a trading range this week – end of quarter window dressing could be helping stability. Will we have a seasonal pullback in April/May? Positives: It is comforting that the Fed will not...
Read more

Rates on Hold / 10-Yr Treasury Helps / Mid-Caps

 March 22, 2019 |Ryan MacKay
Rates on Hold / 10-Yr Treasury Helps / Mid-Caps Global equity markets steady this week – Fed keeps interest rates unchanged and plans to slow balance sheet reduction - is it as simple as that? Positives: “Interest rates could be on hold indefinitely –...
Read more

Holiday Week / Ten years / 520 Weeklies 

 March 15, 2019 |Bruce MacKay
Holiday Week / Ten years / 520 Weeklies On holiday this week. Visiting the Cayman Islands. Fourth time here. Visiting a few snow bird clients and RBC DS office. Beautiful island. We stay at a condo on Seven Mile Beach – highly recommend it. As I reflect...
Read more

Growth in Spring / On Path / RBC GAM Q Release

 March 08, 2019 |Bruce MacKay
Growth in Spring / On Path / RBC GAM Q Release Listened to Dr. E. Yardeni comment on the US economy this morning g- “Chauncey Gardiner on the GDP – there will be growth in the spring. “ Positives: Some of his comments include – US economy is growing –...
Read more

69% of S&P 500 Beat / No Rush / Green Shoots

 March 01, 2019 |Bruce MacKay
69% of S&P 500 Beat / No Rush / Green Shoots Equity markets steady this week – a break from a very strong start to 2019. Calm before the storm? Positives: AAII Investor Sentiment Survey 41.6% bullish – pessimism about the short term direction of stocks...
Read more