Latest Stock Buy or Sell?
Make More Informed Decisions!
Today,
Lyle Stein
commented about whether
TRI-T,
NA-T,
TD-T,
ENB-T,
T-T,
VB-T,
OTEX-T,
ALA-T,
NPI-T,
CNR-T,
CM-T,
MG-T,
CLS-T,
PSK-T,
CPG-T,
AEM-T,
PAYX-Q,
CAE-T,
ZBH-N,
MFC-T,
TRP-T
are stocks to buy or sell.
Market. The 10 year bond yield is probably the one factor that will drive markets in 2018. As it gets closer and closer to 3%, things start to change with respect to relative valuation of stocks vs. bonds. The two year bond is now higher than the stock yield. Inflation is starting to creep up. 2% inflation and 2.7% bonds (10 year) is not a lot of income. Canada is losing momentum against the US. The US dollar is weak right now. The Canadian / Aussie spread is a much better indication of the relative strength of the CAD$ and it is really just holding in there. Look at energy and at the slowdown in housing in Canada, and the US looks better than Canada. He is looking at the consumer and industrial sectors as well as financials, in the US.