Monday's Investment Advice on the Radio

Markets are on the rise so far this morning. Higher energy shares are the main driver. Key numbers to watch this week in Canada are merchnadise trade balance out on Wed. We expect to see the deficit between exports and imports narrow. In the US retail sales is out on Friday and tomorrow the Fed meets and some expect more stimulus could be announced.

Consumer spending and personal incomes in the U.S. unexpectedly stagnated in June, according to data released last Tuesday by the Commerce Department. Household purchases, which account for about 70% of the economy, were unchanged from May and incomes failed to increase for the first time since September. No wonder the markets are struggling despite good earnings. If you want to review your investment strategy call me at 868-5525 or visit yourlifeyourplan.ca