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August 26, 2023 | Tech Talk for Saturday August 26th 2023

Donald Vialoux is author of the free blog Tech Talk, a daily investment report available during the past 20 years at Comments focus on the seasonal and technical outlook for equity indices, commodities and sectors. Mr. Vialoux has 53 years of experience in the investment industry and is a past president of the Canadian Society of Technical Analysts (CSTA).

The Bottom Line

High and rising interest rates on long term North American Treasuries have put a lid on North American equity markets. Comments by Federal Reserve Chairman Powell on Friday echoed comments by the Bank of Canada that central banks in North America are prepared to raise rates further”. The stage is set for choppy equity markets between now and October.

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August 26th, 2023

Posted In: Tech Talk

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