Weekly Insights

May 15, 2018 | Ronald J. Wilcock


May 10, 2018 - Insights into the equity, fixed-income, currency and commodity markets from RBC Wealth Management.

Oregon was fun. We had a wonderful visit with Madison and her family. We stayed at Seaside Beach for a few days and saw Ecola State Park, Haystack Rock, Hug Point, and spent a little time on the beach. Then we headed to Portland and among other things saw Pittock mansion, Multnoma Falls, Powell Bookstore, and did some forest treks. Portland is a very unusual city. It is very retro and hipster. There are a lot of independent restaurants and shops and you actually see signs all over saying “Keep Portland Weird”.

We had a great visit and trip.

This Past Week; US stocks had their best week in 2 months with the S&P500 and the DJIA up 2.4% and 2.3% respectively. It was a great week on this side of the boarder as well with the S&P/TSX up 1.6%. It was very pleasing to see markets move solidly in the right direction. We do expect further volatility this year but, we also expect positive markets. If geo-political events could stay stable for a while and let company earnings reports dominate what happens in the markets, perhaps we can see them continue to move back upward.

The Weekend/Weather; It looks like weather mostly around the 70F or 20C range this week.

May you enjoy a pleasant spring week.


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