The Daily – February 28th, 2017

February 28th, 2017 Daily Market Commentary       Economic News: Annualized US GDP for the fourth quarter was quoted at 1.9%, below estimates of 2.1%. The S&P 500/Case-Shiller Home Prices index grew by 5.6% year-over-year, above estimates. The Chicago Purchasing Manager’s Index was quoted…

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About Us   MacNicol & Associates is a leading independent Asset Manager offering professional global investment management and advisory services to individuals, family trusts, estates, holding companies and charitable foundations. We provide our clients with strategic, multi-disciplinary investment offerings, including an Alternative Asset platform that…

The Daily – February 27th, 2017

February 27th, 2017 Daily Market Commentary       Economic News: Pending Home Sales in the US were down 2.8% and up 0.4% in month-over-month and year-over-year terms, respectively. Durable goods orders in the US were up 1.8% in January, above expectations; however, they fell…

The Daily – February 23rd, 2017

February 23rd, 2017 Daily Market Commentary       Economic News: Both Initial and Continuing Jobless claims in the US came in below estimates. German GDP was up 1.7% in year-over-year terms, in line with estimates. Canada: Canadian Imperial Bank of Commerce said fiscal first-quarter profit…

The Daily – February 24th, 2017

February 24, 2017 Daily Market Commentary       Economic News: The Canadian CPI was up 0.3% and 2.1% in month-over-month and year-over-year terms, respectively. The US Michigan Consumer Sentiment Index was quoted at 96.3, slightly above estimates. New Home Sales in the US were…

The Daily – February 22nd, 2017

February 22, 2017 Daily Market Commentary       Economic News: Retail Sales in Canada were reportedly down 0.5% in month-over-month terms in December. The US Redbook index, which measures same-store sales growth of general merchandisers, was reportedly up 0.5% and 1.1% in month-over-month and…

The Daily – February 17th, 2017

February 17, 2017 Daily Market Commentary       Economic News: Foreign portfolio investment in Canadian Securities was quoted at $10.23B, below estimates. The Baker Hughes US Oil Rig Count was quoted at 597, up 6 from the last report Retail Sales in the UK…

The Daily – February 16th, 2017

February 16, 2017 Daily Market Commentary       Economic News: Initial jobless claims in the US beat estimates, while continuing jobless claims were slightly worse than estimates. Foreign Direct Investment year-to-date in China was reportedly down 9.2% in year-over-year terms. French Unemployment was quoted…

The Daily – February 15th, 2017

February 15, 2017 Daily Market Commentary       Economic News: European stocks rose, heading for their longest winning streak in 18 months, as they joined a global equity rally fueled by Federal Reserve Chair Janet Yellen’s stance that more interest-rate increases would be appropriate if the…

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