Egg-on-Sidewalk Friday

Jun 29, 2021 | Mark Ryan


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Good afternoon,

 

Just a quick note today as we approach what is forecasted to be the hottest few days in Prince George since the invention of heat.

 

In this week's weekly insights piece:

  • China equities: Beyond the recovery – The recent correction in Chinese equity markets highlighted the uncertainties of the global pandemic recovery. But amid the ongoing transformation of the world’s second-largest economy, we see a long-term story that should support investment opportunities. (page 1)
  • Don’t fear the rate hike—U.S. stocks can still rally – Fed Chair Jerome Powell soothed equity investors regarding inflationary signals. And history shows stocks tend to shrug off initial rate hikes anyway. (page 3)
  • Regional highlights: Canada’s bond market feels the ripples of the Fed’s shift in tone; Wave of UK takeover bids in 2021 continues; U.S. imposes ban on Chinese solar material maker. (pages 3-4)

Read more here: Global Insight Weekly

 

A Freaky Friday Chart to mull over: Apparently most payments using Crypto Currencies are between crooks. That’s sobering when we consider that most crimes involve someone getting hurt, and often badly:

 

 

Enjoy the sun! Enjoy your weekend!

Mark