Gordon Reid's Top Picks: October 6, 2022 - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

TopPicks from Gordon Reid, president and chief executive officer, Goodreid Investment Counsel

FOCUS: U.S. equitiesGood riddance to September 2022, the worst September performance in U.S. equity markets since 2008. The quarter was a wild ride, recording at one point a 14 per cent advance in the S&P 500 index, only to close in negative territory, the first time this has happened since 1931!

It all points to an extremely conflicted investor who is worried about the U.S. Federal Reserve finally getting religion and taking on inflation and asset bubbles that had developed in both the equity market and the real estate market. It appears that its actions are being noted and acted upon, see bond rates! Markets have repriced and now we wait to see if the Fed’s actions will also have an unintended consequence .

We see the market sitting on a fulcrum.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Today in Canada’s Political History: Premier Gordon Campbell welcomes Queen Elizabeth to B.C. | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Source: natnewswatch - 🏆 58. / 59 Read more »

Brian Madden's Top Picks: October 4, 2022 - BNN BloombergTopPicks from Brian Madden, chief investment officer, First Avenue Investment Counsel That was painful to watch. -43% total return. Good for you Brian for going on the show. com oott
Source: BNNBloomberg - 🏆 83. / 50 Read more »

James Telfser's Top Picks: October 5, 2022 - BNN BloombergTopPicks from James Telfser, partner and portfolio manager at Aventine Investment Counsel
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Housing and public safety among top concerns in Victoria mayoral candidates debateVictorians lined up outside city hall on Wednesday to cast an advance vote for the next leader of the city. Across the street, those vying to be the next mayor squared off in a live debate hosted by Victoria radio station CFAX 1070.
Source: CTVNewsVI - 🏆 28. / 68 Read more »

Canada 'contracts out' obligations to refugee claimants, advocates tell top courtOTTAWA — Refugee and human\u002Drights advocates are telling the Supreme Court of Canada that a binational pact “contracts out” Canada’s international obligations…
Source: OttawaCitizen - 🏆 21. / 68 Read more »