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 Post subject: Re: Money Sense
Unread postPosted: September 14th, 2019, 7:12 pm 
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You have probably seen this chart. It never fails to amaze me how China rose to the top. Their growth is just amazing. Incredible. I wish Canada would rise up there too. Watch China rise.


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 Post subject: Re: Money Sense
Unread postPosted: September 14th, 2019, 7:12 pm 
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.

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 Post subject: Re: Money Sense
Unread postPosted: September 14th, 2019, 7:13 pm 
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seoulbro wrote:
Sorry Democrats, a recession before the 2020 election seems unlikely.

Retail sales rose more-than-expected in August


A broad measure of retail sales rose at a greater-than-expected rate in August, driven by sales from internet retailers, building materials sellers and auto dealers.

Headline retail sales rose 0.4% in August, the Commerce Department reported Friday, versus a 0.2% gain expected, according to Bloomberg-compiled data.

Excluding autos and gas sales, retail sales rose just 0.1% for the month, missing expectations for a 0.2% gain and coming off a 0.9% increase in July. Excluding motor vehicles and parts sales alone, retail sales were flat for the month, versus a 0.1% increase expected and 1.0% gain in July.

August’s figures come on the heels of a much stronger-than-expected report from July, when headline retail sales rose an upwardly revised 0.8% for the month. Gains for July had been broad-based, driven by strong sales from e-commerce platforms, grocery stores and clothing retailers.


Yehey!

:thumbup:

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 Post subject: Re: Money Sense
Unread postPosted: September 15th, 2019, 3:34 pm 
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@realAzhyaAryola wrote:
You have probably seen this chart. It never fails to amaze me how China rose to the top. Their growth is just amazing. Incredible. I wish Canada would rise up there too. Watch China rise.


I notice the country I was born in, the USSR never made the list at any time.

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 Post subject: Re: Money Sense
Unread postPosted: September 15th, 2019, 3:37 pm 
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Iranian backed fighters from Yemen attacked Saudi Arabia's biggest oil processing facility affecting half that country's production. While Saudi Arabia expects to bring that online within days, some energy analysts are expecting crude oil prices to surge to over seventy dollars per barrel.

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 Post subject: Re: Money Sense
Unread postPosted: September 16th, 2019, 6:20 pm 
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U.S. crude oil prices were up 12.84% to $61.89 per barrel.

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 Post subject: Re: Money Sense
Unread postPosted: October 2nd, 2019, 2:41 pm 
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@realAzhyaAryola wrote:
You have probably seen this chart. It never fails to amaze me how China rose to the top. Their growth is just amazing. Incredible. I wish Canada would rise up there too. Watch China rise.


Well, for the past 2 - 3 decades, we have bought 4 x as much as we have sold them ... pouring money into china

No surprise here, but it's politicians from Western counties that encouraged our suicide

Thanks to our folly it is now a powerhouse that will have negative effects on the West for the future

Alongside and about equal to our other self-destructive immigration policies, stupidity beyond belief

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 Post subject: Re: Money Sense
Unread postPosted: October 2nd, 2019, 4:30 pm 

Joined: October 4th, 2012, 10:25 pm
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cc wrote:
@realAzhyaAryola wrote:
You have probably seen this chart. It never fails to amaze me how China rose to the top. Their growth is just amazing. Incredible. I wish Canada would rise up there too. Watch China rise.


Well, for the past 2 - 3 decades, we have bought 4 x as much as we have sold them ... pouring money into china

No surprise here, but it's politicians from Western counties that encouraged our suicide

Thanks to our folly it is now a powerhouse that will have negative effects on the West for the future

Alongside and about equal to our other self-destructive immigration policies, stupidity beyond belief

:ohmy:


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 Post subject: Re: Money Sense
Unread postPosted: October 11th, 2019, 8:20 pm 
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Canada's main stock index dipped as it failed to match the exuberance in the U.S. Friday despite a partial trade deal with China.

The S&P/TSX composite index lost half a per cent on the day compared with 1.2 to 1.4 per cent gains by the three New York stock markets.

The S&P/TSX composite index closed down 7.52 points at 16,415.16, lower than where it ended a week ago.

In New York, the Dow Jones industrial average was up 319.92 points at 26,816.59. The S&P 500 index was up 32.14 points at 2,970.27, while the Nasdaq composite was up 106.26 points at 8,057.04, after climbing nearly 2.1 per cent in earlier trading.

U.S. investors reacted to hopeful signs of progress in the 15-month trade war with China even though the areas of agreement are narrow and don't touch on major points of dispute.

The United States is suspending a tariff hike on US$250 billion in Chinese imports that was set to take effect Tuesday, and China agreed to buy US$40 billion to US$50 billion in U.S. farm products.

The November crude contract was up US$1.15 at US$54.70 per barrel. Oil prices rose after two missiles struck an Iranian tanker travelling through the Red Sea off the coast of Saudi Arabia on Friday.

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 Post subject: Re: Money Sense
Unread postPosted: October 25th, 2019, 9:38 pm 
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The TSX, the Dow, S&P 500 had a good week, all closing up. West Texas crude closed up 43 cents at $56.66 per barrrel. WCS was up eighteen cents to $39.65.

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 Post subject: Re: Money Sense
Unread postPosted: November 3rd, 2019, 8:17 am 
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The chief banker of a country so saddled by debt-and-deficits warns the common folk that our nation’s economic “resilience” will be tested as the bad times inch forward.

There was Bank of Canada Gov. Stephen Poloz, stating midweek he was holding the benchmark interest rate at 1.75%, but, warning that Canada’s relatively long run of good luck could soon end.

We have reached the stage where years of really low interest rates has made 1.75% no longer looking like free and easy money.

Investment is fleeing Trudeau's Canada. The only thing holding us up is robust US economy.

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 Post subject: Re: Money Sense
Unread postPosted: November 5th, 2019, 5:38 pm 
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WESTERN ANGST DRAGS DOWN CONSUMER CONFIDENCE

Canadian consumer sentiment worsened through october amid rising uncertainty about the economic outlook, and as westerners come to grips with an election that handed a second term to Justin Trudeau’s Liberals, a result perceived as potentially bad for the energy industry.

The bloomberg Nanos Canadian Confidence Index — a composite gauge based on weekly telephone polling — ended october at 56.7, down from 57.8 at the end of september. The economic mood index for the resource-rich prairie provinces dropped 3.8 points from the previous month to the lowest level since may, with most of that decline coming in the two weeks following the oct. 21 election.

although they returned to power with a minority government, Trudeau’s Liberals were completely shut out of of alberta and saskatchewan, where discontent with the federal government’s approach to resource development is strongest. The ongoing delays facing the completion of the Trans mountain pipeline expansion project have been a particular sore spot in alberta.

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 Post subject: Re: Money Sense
Unread postPosted: November 14th, 2019, 11:03 am 
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America’s yield curve is no longer inverted. From mid-October, long-term bond yields rose back above short ones (a move accompanied by other bullish financial-market signs, like rising stocks).

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 Post subject: Re: Money Sense
Unread postPosted: November 18th, 2019, 4:28 pm 
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The Dow closed at an all time high of 28,036. :thumbup:

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 Post subject: Re: Money Sense
Unread postPosted: November 20th, 2019, 5:40 pm 
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seoulbro wrote:
The Dow closed at an all time high of 28,036. :thumbup:

We invest for the long term, but I notice our investments are doing quite well presently.

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 Post subject: Re: Money Sense
Unread postPosted: November 28th, 2019, 8:00 am 
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The Dow closed at an all time high of 28,164.00 or up +42.32. The rise in the 30-stock Dow was led by gains in shares of McDonald’s (MCD) and Home Depot.

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 Post subject: Re: Money Sense
Unread postPosted: December 6th, 2019, 3:05 pm 
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Stocks jumped Friday after the Labor Department’s November jobs report handily topped expectations. Treasury yields rose and gold prices sharply declined, as the latest sign of strength in the U.S. economy spurred risk-on trades.

Here’s where markets settled at the end of regular equity trading:

S&P 500 (^GSPC): +0.91%, or 28.48 points

Dow (^DJI): +1.22%, or 337.27 points

TSX 16,997 or 85.83 points

OIL (WTI) 59.07 USD 0.74 (1.27%)

10-year Treasury yield (^TNX): +4.5 bps to 1.84%

Gold (GC=F): -1.27% to $1,464.20 per ounce

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 Post subject: Re: Money Sense
Unread postPosted: December 12th, 2019, 7:53 pm 
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Some of the stocks expected to perform well under the proposed China-US trade agreement.

Financials
The bank stocks have posted big gains, but they stand to gain more on a trade deal. J.P. Morgan Chase, Citigroup, Goldman Sachs, Bank of America, American Express, Mastercard and Visa

Technology
Apple, one of the biggest names caught in the trade dispute, could dodge an iPhone price increase if the new tariffs are called off. A major 5G play to own is Nvidia, as a trade deal would open the door for Chinese regulators to let the company acquire Mellanox

Manufacturing
Caterpillar, Honeywell and Cummins shares should go up if the trade war’s really ending.

Toys
Shares of Hasbro and Mattel, makers of iconic toys that have been working to move factories out of China, jumped about 4.4% and 2.4% in Thursday’s session.

Transports
FedEx shares rallied about 3.7% Thursday and have more room to run, the host said. As far as railroads, Union Pacific has the most exposure to China and has a lot to gain out of a trade deal.

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 Post subject: Re: Money Sense
Unread postPosted: Today, 11:25 am 
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This is a surprise.

Canada’s energy index has risen about 12.7% in 2019 versus 5% for the comparable u.s. gauge, led by pipeline firms including Tc energy corp. and enbridge Inc., which have risen about 39% and 19% respectively. meanwhile, the Permian basin and u.s. shale boom has decelerated.

“The Canadian industry has been starved of capital for four years now,” rafi Tahmazian, senior portfolio manager at canoe Financial, said in an interview on bnn bloomberg this week. He sees the u.s. just beginning to enter a phase that canada was in, and thinks canada’s industry is “on the edge of extreme profitability.” As a result, at least one Wall Street bank has been vindicated in its call for oilsands companies to outperform shale. Bank of America said this year shorter cycle projects have attracted investment in recent years, making u.s. shale a “victim of its own success” as production growth has continued while in canada it’s moderated.

Meanwhile, Canaccord Genuity added canadian pipelines to one of its 2020 “contrarian investment themes.” The firm says a lack of transportation options should allow pipeline operators to maintain pricing power. In a note to clients, strategist martin roberge also cited the pipelines’ defensive characteristics.

more catalysts may come from the continued construction of the Trans mountain pipeline and a decision on enbridge’s Line 3 project. enbridge recently said it needs to see “further clarity” on the regulatory and permitting process before deciding when the u.s. segment can come online.

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