Thursday, April 29, 2010

Investment Advice on the Radio

In Canada markets were lower yesturday. Financials and energy led the way down but materials increased with rising gold prices. Concerns over Greece & some positive earnings from Barrick supported gold prices. Despite the drag from Greece, U.S. stocks were able to rise. Markets in the U.S. were higher on news the Fed will keep rates low for an extended period, along with an upgrade to its economic outlook and a fall in jobless claims. So far this morning markets in North America and Europe are solidly in the green. Positive earnings results and a sense that the bailout for Greece is getting closer to being resolved is boosting markets. The Canadian dollar is stronger this morning and with all the correlating factors supporting a stronger Canadian dollar we could move above par again soon. May 7th is our next event where we will expand on some investment strategies in a rising interest rate environment. For more information visit yourlifeyourplan.ca.

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