Monday Morning Radio Advice

Consumer spending rose more than expected while disposable incomes fell in the US so US markets are lower. The TSX is holding it's green ground so far, led by energy and financials. Despite improving confidence in the economic outlook, European markets are mixed so far today. Asian markets finished mostly higher following the Bank of Japan's announcement to loosen monetary policy. The economy will continue to be a big driver this week, with reports on consumer spending, home sales, manufacturing activity and Friday's jobs report out of the US.


Currently, there are a number of conflicting indicators. One of these is confidence indicators. The other is what the bond market is telling us vs what the stock market is telling us. This week I will talk about some conflicting indicators and how you can position your portfolio to prepare for the various scenarios that may play out in the recovery. For a second opinion on your portfolio give me a call at 868-5525 or visit yourlifeyourplan.ca.