March 13th, 2017 Daily Market Commentary Economic News: 3-Month and 6-Month Bill Auctions in the US resulted in yields of 0.78% and 0.91%, respectively. Canada: Prem Watsa’s Fairfax Financial Holdings Ltd. secured an additional $500 million in financing toward its $4.8 billion takeover of…
16 Mar In Morning Notes
March 10th, 2017 Daily Market Commentary Economic News: The Canadian Participation Rate was quoted at 65.8%, slightly down from the prior reading. The US Unemployment was quoted at 4.7%, down from 4.8%, with a slightly higher Participation Rate of 63%. Average Hourly…
10 Mar In Morning Notes
March 2017 The Monthly With this commentary, we plan to communicate with you every month about our thoughts on the markets, some snap-shots of metrics, a section on behavioural investing and finally an update on some of the people at MacNicol & Associates Asset Management…
10 Mar In Commentaries, Monthly Commentaries
March 9th, 2017 Daily Market Commentary Economic News: The New Housing Price Index in Canada was reportedly up 0.1% and 3.1% in month-over-month and year-over-year terms, respectively. Initial Jobless Claims in the US were quoted at 243K, above estimates. The ECB kept…
09 Mar In Morning Notes
March 8th, 2017 Daily Market Commentary Economic News: Labour Productivity in Canada was reportedly up 0.4% in the fourth quarter. The US ADP Employment Change for the US was quoted at 298K, far above estimates of 190K. The Chinese Consumer Price Index…
09 Mar In Morning Notes
March 7th, 2017 Daily Market Commentary Economic News: The Canadian economy posted a trade surplus of $810 million in January, above estimates. The Redbook Index, which measures same-store sales growth of US general merchandising companies, was reportedly down 0.8% and up 1%…
07 Mar In Morning Notes
March 6th, 2017 Daily Market Commentary Economic News: Factory orders in the US were up 1.2%, in line with estimates. A Sentix Survey of Investor Confidence in the Eurozone was quoted at 20.7, above estimates. Fourth Quarter GDP apparently fell 1.1% in…
07 Mar In Morning Notes
March 3rd, 2017 Daily Market Commentary Economic News: The Markit Services PMI in the US for February was quoted at 53.8, slightly below estimates. The ISM Non-Manufacturing PMI for the US was quoted at 57.6, above estimates. Retail Sales in the Eurozone…
07 Mar In Morning Notes
March 2nd, 2017 Daily Market Commentary Economic News: Canadian annualized GDP was quoted at 2.6% in quarter-over-quarter terms, above estimates. Initial Jobless Claims in the US were quoted at 223K, below estimates. The European Union Unemployment Rate held steady at 9.6% The…
02 Mar In Morning Notes
