Markets - Year End 2018
So what's happening now? There have been compounding factors leading us to where we are today. 2018 SUMMARY: ALL markets were down in 2018. THE US market was the primary driver in 2018 and this was constantly interrupted by wavering views from the White House. The tariffs being imposed on China, Canada and the Eurozone are a negative overriding factor. THE on/off promises of a resolution with China get reflected in these wide market swings we have seen lately. THE closure of
Stock Market Commentary - 2016 Year End
With 2016 now over it's time to reflect on what happened and what we should look for in 2017. CANADA This year has turned out to be a very successful year but this can be attributed to one main factor .... OIL. In the first two months of 2016 the Canadian stock market was down by 9% largely due to the price of oil. By year end the market was up 17%. At the beginning of the year oil was at $44 then dipped to $36 in late January then rebounded by year end to almost $54 . This