The U.S. 10-year yield fell to a 52-week low of 3.644% by Tuesday’s close, reflecting overwhelming sentiment that the U.S. Fed will cut interest rates shortly, perhaps by 50 basis points. That said, the rotation into value stocks wasn’t reflected […]

The bulls returned to start the week by driving a broad-based rally in New York and Toronto. The TSX jumped nearly 245 points or over 1% past 23,000. Except for energy, all sectors rallied, led by healthcare, financials and tech. […]

Weaker-than-expected job numbers on both sides of the border pressured markets in Toronto and New York on Friday. It’s the latest weak economic data that continues to fuel popular sentiment that the U.S. Fed will cut rates later this month […]

Thursday saw little direction in markets on both sides of the border, though Toronto and New York finished the session modestly weak. The TSX closed -0.23% as sectors were mixed. Staples enjoyed modest gains but were outweighed by losses in […]

To little surprise, the Bank of Canada cut interest rates Wednesday yet again, taking the prime rate down by 25 basis points to 4.25% and signalling further cuts. The TSX initially popped Wednesday morning on the news, then became choppy […]