So far, 2018 has seen more than its fair share of market ups and downs. So with all of this volatility, where do we go from here? While history does not always repeat itself, there have been some striking similarities over the last four corrections cycles that are worth considering. As far as corrective phases
If you’re wondering just how healthy the current business cycle may (or may not) be, one way to gauge this is by looking at several key economic recession indicators. When looking at the key recession indicators in the recession dashboard (which compares the current outlook to past periods of recession), the present outlook is very
Despite all of the talk about trade issues and other political topics, U.S. equities continue to lead the way. When compared to emerging markets and the EAFE markets of Europe, Australasia and the Far East, U.S. markets are significantly outperforming. But can this trend continue? While no one can predict the future, there are some
Markets have been on an upward swing this year, making new highs on a regular basis. Contrary to what you may think, however, it’s not the largest stocks that are driving returns. While the so-called FAANG stocks (Facebook, Amazon, Apple, Netflix and Google) have been performing well, it is actually the mid-cap stocks in quintiles
While no one seems to be talking about it much, yield curves in both Canada and U.S. have steepened in the past month. What does this mean? Not surprisingly, banks have started to perform well again as a result.
According to a recent study by Strategas*, statistics show that industrials are starting to lead the market, largely driven by impressive earnings. Strategas noted: “We remain impressed with the response from the Industrial stocks this earnings season – the sector is having its best 10-day performance run since the 2016 election and new highs are
An upward trend in the job quitting rate in the U.S. signals strength in the labour market. Why? In good times people are more likely to quit their jobs because getting a new job is generally easier. When the economy starts to weaken, employees recognize these signals early and change their behaviour, making them far