ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
May 3, 2025 | Tech Talk for Saturday May 3rd 2025
The Bottom Line Sell in May and go away? History of the Dow Jones Industrial Average during Post Presidential Election Years since 1950 (e.g. 2025) shows a shallow period of weakness from mid-May to th end of September (including a brief summer rally to the end of July). Average drop during the period was 2.0%
May 2, 2025 | Mark Carney Faces His Biggest Challenge
Prime Minister Mark Carney will meet President Donald Trump soon to try to convince him to amend or remove the punishing tariffs that he has imposed on Canada. Will Mark Carney succeed in building a mutually beneficial relationship between these two close allies? Carney has a long history of leadership with Goldman Sachs, the Bank […]
May 2, 2025 | Markets Rallying Into Resistance
Market Summary – May 1, 2025 US stocks extended their rally Thursday: S&P 500 rose 0.6% to 5,604.14, marking its 8th straight gain. Dow Jones added 0.2% to 40,752.96. Nasdaq surged 1.5% to 17,710.74, erasing April’s losses. Microsoft jumped 9% after posting $70B in revenue, with strong AI-fueled cloud growth. Meta also beat expectations with a 16% YoY revenue gain and plans to ramp […]
May 2, 2025 | Household Struggles Weigh on Real Estate and Spending
A surge in active listing supply and an increase in price reductions failed to lure more homebuyers off the sidelines in April, as US pending home sales dropped for the fourth consecutive month (chart below via Realtor.com®). See, Supply of Homes for Sale Hits a Post-Pandemic High in April—but Pending Sales Drop as Buyers Grapple With Economic Uncertainty: The […]
May 2, 2025 | Canada Inevitable Split East and West
All my sources have been singing the same song. Carney won by creating hatred of Donald Trump, for this was a strategy carried out for the sole purpose of moving away from the USA and aligning with the EU. Even when Carney first became PM, he went to the EU, not to Washington. He is […]
May 2, 2025 | How Will Canada’s Economy Fare Under Carney?
The real stock market shake out likely this fall. Special Offer! 25% Off New Annual Subscriptions!
May 1, 2025 | Next General Stock Market Decline Underway. Energy Stocks Likely To Reach Table Pounding BUYS Again In Late May
The Canadian Federal election resulted in a minority Liberal government that will need legislative support from the Bloc. Its leader has said he would support the new government for a year if the Liberals spend $2B more in Quebec. Is this for housing, the high speed train between Montreal and Quebec City or more generous […]
May 1, 2025 | Serious Question: How Long is Our Run?
Equity prices have made some ‘mean reversion’ progress year-to-date. At the end of March, the average geometric valuation for S&P 500 companies had declined to 148% from 167% in February (below since 1900, courtesy of Advisor Perspectives). This was the lowest since June 2024, but still, the most expensive in history and three standard deviations […]
May 1, 2025 | Washington State Deficit in the Billions – Taxes to Rise
Washington state is multiplying taxes for mega corporations in a move to cover its widening budget deficit. The state is expected to face a $12 to $16 billion shortfall over the next four years, according to the Office of Financial Management. The deficit should come as no surprise as state spending has ballooned by 40% […]
May 1, 2025 | Silver Overlooked in Rush to Buy Gold
US Economy not in trouble because the rich are still spending
May 1, 2025 | US Stock Market May Have Already Bottomed
What does Bitcoin need to hit to really take off?
May 1, 2025 | Might be the Time to Buy Gold Dip
Who will blink first, China or the US?