Trader’s Narrative

This is a guest post by Wayne Whaley
The markets tend to be in a good mood the week before holidays, since 1950, the S&P 500 is 40-19, up 67.85 of the time during the four day week (including Friday) of Thanksgiving for an average gain of 0.78%
On average, all of those gains come on the […]

What better way to reliquify the world financial markets than sacrificing a currency?
If you’ll recall this is a well worn script. The last time we had a financial crisis, it was the Yen that was used as the vehicle of choice. Massive amounts of capital were borrowed in Yen and invested in other risky assets […]

The big new development today was the huge drop in short term Treasury bond yields. The benchmark 90 day T-Bill rate dropped to 0.005%. These are levels which we last saw just a few months ago when we were in the thick of the credit crisis:

The 30 day T-Bill rate 0.03% which is slightly higher […]

Since some time has passed since my last call on Canadian REITs, I wanted to review it and update my position on the sector.
If you’re new to the blog you probably missed my comment back in early January: Canadian REIT Review. At that time I mentioned that it was irrational for well capitalized companies […]

Guest post by Gary Grimes
Please understand that this article is about more than safeguarding your money; it’s about saving you headache and heartache. It’s about giving you peace of mind.
Before I explain, please allow me to ask a few questions:

Have you given much thought about the money in your banking accounts lately? Do you know […]