Investment Advice on the Radio

Unfortunately, we had one of the worst trading days of the year for North American markets yesturday. The concern over Chinese growth was the cause and US markets fell between 2.7% & 3.9% while the TSX lost almost 3%. Looking forward to today, mixed employment and business data out of the US is keeping markets flat across the boarder. Investors will be paying attention to non farm payroll numbers in the US this Friday. Here in Canada, the TSX is up about 1% on firmer commidity prices. Asian markets closed mostly lower. European markets have been rallying along with the Euro after it was reported European banks borrowed less from the European Central Bank than economists expected.
It appears the TSX may finish lower by 3% for the first 1/2 of 2010. Have a great Canada day!