K96.3 FM Kelowna's Classic Rock - Radio Rallies & Reversals (April 5)
Global equity markets had another positive week last week, and the upward trend looks to continue this week. With a better than expected manufacturing number in the U. S. on Thursday and a positive U. S. jobs report on Friday, North American equity markets have opened to the upside.
Of note, the CDN$ is continuing it's push towards parity with the US$ and is half a penny away from one. The seasonal energy trade seems to finally be taking flight with the price of oil approaching $86. It's not all all good news however, particularly if you're a bond investor.
Interest rates across the yield curve are on their way up, and look for them to move higher. As a result, bond values are falling and will continue to fall, with the exception of maybe high yield corporates. So what works in a rising interest rate environment?
Read our blog at 'yourlifeyourplan.ca' where we highlight some options. That's all I've got for today. Dave Allard is back on tomorrow.
Cheers,
GB
Of note, the CDN$ is continuing it's push towards parity with the US$ and is half a penny away from one. The seasonal energy trade seems to finally be taking flight with the price of oil approaching $86. It's not all all good news however, particularly if you're a bond investor.
Interest rates across the yield curve are on their way up, and look for them to move higher. As a result, bond values are falling and will continue to fall, with the exception of maybe high yield corporates. So what works in a rising interest rate environment?
Read our blog at 'yourlifeyourplan.ca' where we highlight some options. That's all I've got for today. Dave Allard is back on tomorrow.
Cheers,
GB
posted by Gordon Bell at
9:40 PM
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