Does the length of a bull market matter?

Barkha Rani Aug 26, 2018

Market View

President Donald Trump commented on the Fed hike schedule for monetary policy, saying he disagrees with how they are going about it. US and Mexico have made a “handshake” deal on the North American Free Trade Agreement and have left Canada out of negotiations. The Canadian dollar was 76.63 cents U.S. The week ended with the TSX up 0.1% and S&P 500 up 0.8%.

Three of the eleven TSX subgroups rose this week. Health care inched the highest by 24.6%, energy and materials by 3.6% and 1.9%, respectively. Consumer staples was down by 1.7%, and consumer discretionary and telecommunication by 1.5% and 0.6% while the others remained flat, respectively. Raging River Exploration received shareholder and court approval for its planned merger with Baytex Energy. The most heavily traded shares by volume were Aurora Cannabis, Red Eagle Mining and Canopy Growth.

5 from 5i

Here are five reads we found interesting last week:

-Should we worry about the length of the bull market?

-What the S&P500 outlook has looked like.

-Why seasonality is not everything.

-What investment firm advertising looked like in the 1940's.

-Trucks keep on hauling physical goods and that is probably a good thing for the stock market.

See our previous five from 5i here:

Not all value stocks are golden eggs



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