Tuesday, October 5, 2010

Wednesday Radio Spot

Rallying - Asian markets closed almost 2% higher fuelled by a gold rally. Gold is approaching $1350 an ounce.

Reversing - Mostly technology stocks are lower. Profit taking, a disappointing report on U.S. employment and a revised economic outlook from the International Monetary Fund for 2011 are weighing on North American markets. Markets are flat in the US and Canada.

Trading - Yields on Government bonds are at all-time lows. Longer term, Scotia Economics is forecasting interest rates will rise. When that happens shorting fixed income securities will be a viable trade option. There are a number of ways investors can short fixed income to capitalize on rising interest rates. These strategies are described in our Shorting Fixed Income Products as a Retail Investor piece. For a copy call me at 868-5525 or visit yourlifeyourplan.ca.

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