Market insights and articles we found interestingEvery day at Clayline Wealth we read news and articles from a wide range of sources. Below are some of the highlights that we think might help you in your financial choices. If you have any questions about the content in them, please contact us, we are happy to help.
We also regularly post links on Twitter to articles we find interesting.
The important US August jobs report came out this morning and turned into a huge miss.
Stocks around the world continued to rally in August, as momentum from the global reopening grew stronger. Despite the delta variant spreading in various regions and daily cases picking up, investor enthusiasm did not waver with major equity indexes continuing to hit new all-time highs during the month. Stocks were given an extra boost in the month’s final days as Federal Reserve Chair Jerome Powell made dovish comments at the Jackson Hole symposium, stressing a commitment to support the economy for as long as it is needed.
Many people have had the experience of getting excited about the big game. You hear discussions on TV or radio for weeks about how vital the match-up is, how the strengths of each side line up, and how this might be one of the most important events of the season. On the day of the game, you invite friends over, make a bunch of food, settle in for what should be a very entertaining 3 hours.... only to have one team take an insurmountable lead, and half your guests leave during the intermission.
Welcome to the new Clayline Wealth team of iA Private Wealth! After years of great service, we are officially retiring the Investment Strategies team name. Our industry has evolved over the past decade, and we feel that Clayline Wealth better emphasizes our focus on financial coaching,
Many challenging questions this past week. Having watched North American markets continue to move up most of this month while seeing several of our holdings not participate, we started to have the difficult internal talk about what we owned and what we would like to own. It turns out those were not the same things.
Equity market volatility ramped up in July, as concerns about a fourth wave driven by the spread of the more contagious Delta variant tempered investor enthusiasm. Despite COVID-19 cases rising and public health authorities recommending the reintroduction of restrictive measures, stocks continued to trend upwards with North American equity indices reaching new all-time highs during the month.