Tuesday Investment Advice on the Radio

Despite strong earnings so far, US stocks are flat after data showed consumer confidence fell in July to the lowest level since February on worries about the job market. The Case Shiller home price index was out today and it rose in May but many are sceptical of a sustainable recovery in housing in the US. In Canada, markets are struggling with materials and technology lower. European shares were on the rise this morning led by banks and Asian shares finished higher led by consumer durables and technology.


The Credit Suisse executive panel survey points to further improvement in the trends in corporate spending in the next 6 months. Spending on information technology remains the most positive and guidance from companies appears to be improving. For a copy of the Credit Suisse report on companies with strong guidance give me a call at 868-5525 or visit yourlifeyourplan.ca.