Best G10 currency/ Core GDP/ Baltic index

 July 26, 2019 |Bruce MacKay
Best G10 currency/ Core GDP/ Baltic index Equity markets rally to all time highs on Tuesday - summer doldrums–light volumes- holiday season. Positives: CDN$ rally tests Bank of Canada resolve to diverge from global peers- the Canadian dollar is this year‘s...
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More Upside / If needed / $1.4 trillion in excess

 July 19, 2019 |Bruce MacKay
More Upside / If needed / $1.4 trillion in excess Equity markets stable this week as we start US earnings season. After a great start overall profits are no longer expected to decline. Positives: Jim Paulson comments– “the combination of fear, room in...
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100% Chance / Will Act / Capitalize Profit Model

 July 12, 2019 |Bruce MacKay
100% Chance / Will Act / Capitalize Profit Model Fed Chairman speaks last two days - his goal is full employment and price stability. Futures expect 100% chance of a rate cut in July. Positives: DOW brakes 27,000 for the first time ever. Relationship...
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Mid-Terms Expected/78% Beating so Far/6 Leading

 July 10, 2019 |Bruce MacKay
Mid-Terms Expected/78% Beating so Far/6 Leading Better week for CDN & US equity markets - TSX up 3.6% - Dow up 6.5% - will it hold until year-end? Markets get mid-terms right. Positives: US mid-term elections turned out about as expected – S&P 500 best...
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Strong jobs /Longest expansion /Sexy headlines

 July 05, 2019 |Bruce MacKay
Strong jobs /Longest expansion /Sexy headlines Another good week for indices globally - will this hold - seasonally a good time for equities as we move through second quarter earnings season. Positives: US continues to have strong jobs reports. Canada...
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