Friday Radio Spot

Rallying - Turkey. Agriculture stocks are rising after a bullish report from the USDA. In addition, Despite initial concerns about the latest US monthly payrolls, North American stocks were rising at the start of trading this morning. Overall US payrolls shrank by 95,000 jobs in September, below expectations of a gain of 75,000. In a warped way this is a relief for investors because expectations that the Federal Reserve will add more stimulus has increased. US markets are up about 1/4% and the TSX is up 1/2%.

Reversing - The US dollar is weaker as a result of future expectations and bonds are selling off in favour of stocks.

Trading opportunity - For those bond investors looking to enhance their yield, Maple bonds are an option. They are denominated in Canadian dollars and sold in Canada as private placements issued by foreign financial instituions and companies. If you have any questions call me at 868-5525 or visit yourlifeyourplan.ca