Investment Advice on the Radio

Markets were off to a good start this morning but have pulled back a little. The TSX is up on oil and optimism about global recovery. In the US improving labour market reports are being offset by eratic retail sales and ISM numbers. Most investors are awaiting tomorrows employment reports out of the US and Canada.
It's challenging because indicators are mixed. On the one hand, we have a number of positives for the markets. The yield curve continues to be upward sloping, interest rates are low, inflation is low, valuations are attractive, improving economic indicators and we have strong corporate profitability and stronger earnings reports. On the other hand growing personal and government debt, lower growth forecasts, US financial regulations, potential banking crisis in Europe, demand in China and finally the worst of all headline risk are threatening the shape of the recovery. We still have some seats left for tomorrows event on investing and the HST. Visit yourlifeyourplan.ca to register.