Gold Prices Decline Following Positive US Jobs Report
Stock image. Gold prices fell by nearly 1% on Friday as a stronger-than-expected US jobs report alleviated some economic concerns despite lingering geopolitical uncertainty. Spot gold traded 0.8% lower at just under $3,330 an ounce as of 10:40 a.m. ET, after hitting as high as $3,375.37 earlier in the day. Gold futures also dropped 0.9% […]
Is a Breakout in Gold Stocks on the Horizon? – MINING.COM
Stock image. Gold stocks just surged into another decisive secular breakout, at an unlikely time. Gold remains mired in a six-week-old high consolidation, and is just entering its seasonally-weak summer doldrums. So seeing outsized gold-stock strength now is unusual, though it is certainly fundamentally-justified. Is this gold-stock breakout sound and sustainable, or ill-fated and short-lived? […]
Macroscope | How China’s Underappreciated Financial System Fueled Its Industrial Growth
Macroscope | How China’s overlooked financial system enabled its industrial success China has powered ahead of other nations in terms of industrial and export development, to the point where it is now seen by rivals (not least the US) as a threat that must be countered by trade protectionism. But most analyses of its success […]
Job Growth Remains Robust, Yet Rate Cuts are Still…
A surprising rise in hiring during May was welcome news, but with the unemployment rate rising for a third consecutive month, economists say the Bank of Canada has ample justification to continue cutting interest rates down the road. The Canadian economy added 8,800 jobs in May, well above the modest FactSet consensus estimate of 1,500. […]
June 2025 US Stock Market Forecast: Has the Turmoil Passed?
As of May 30, 2025, according to a composite of our valuations, the US stock market was trading at a 3% discount to fair value. Historically, that was close to the midpoint, where half the time the market trades at a higher valuation and half the time at a lower valuation. While we remain market […]
JPMorgan Increases Year-End S&P 500 Target, But Predicts Limited Upside Potential
JPMorgan raises its year-end S&P 500 target, but sees little upside left Strong earnings and a resilient economy amid extreme policy uncertainty this year have uplifted JPMorgan’s view on U.S. equities. Head of global markets strategy Dubravko Lakos-Bujas raised his year-end S & P 500 price target to 6,000 from 5,200. The strategist cited an […]
How Did Alternative Fund Strategies Perform in the…
Mutual funds and exchange-traded funds that offer alternative strategies to traditional stock and bond blends are touted as providing extra diversification and protection to a portfolio. The recent tariff-driven selloff offered a window into how these investments perform in times of market stress. In recent years, alternative strategies have proliferated among ETFs, especially so-called buffer […]
The Top Stocks and Funds Investors Favored in May
The most popular stocks and funds investors bought in May Signs of progress on US tariff agreements in early May offered some reprieve around trade tensions, prompting investors to be more “risk-on”, driving stock markets higher. Following on from US president Donald Trump’s pausing of many higher rate tariffs in April, the UK and US […]
US Services PMI Slips into Contraction as Equities Remain Under Pressure
US Services PMI dipping into Contraction – Equities continue to reject Highs Consecutive misses on US data in the North-American Morning Session as the US Services PMI came in at 49.9 vs 52 expected. Equity markets which rallied back after the miss on ADP Data, gapped right back down as Services Data, which has been […]
Understanding the Bank of Canada’s Signals on Interest Rates
As widely anticipated, the Bank of Canada held its overnight interest rate at 2.75% for a second consecutive meeting, but acknowledged a cut could be necessary if US tariffs cause the Canadian economy to deteriorate. The central bank said its decision was underpinned by uncertainty surrounding unresolved trade deals between the United States and its […]