Current Market Review

As of Oct 6, 2017 the TSX was up 2.9% year to date and the S&P500 was up 6.1% (in C$). 10-year government bond yields are 2.13% Canada and 2.36% US. Two of our 3 trend arrows are now up.

In Canada, July’s GDP was released showing no gain. So slower growth does seem like a safe bet after recent gains. Canada’s manufacturing sector should feel some pressure from the C$ appreciation over the year and who knows what is going to happen to NAFTA!

In the US, GDP growth is continuing to grow and key statistics like the ISM are fueling continual optimism. We shall see.

Market Trend

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Ultimate Funds

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