Entries by Robert Levy

No Apparent Theme

No Apparent Theme  Download PDF A week ago Friday, the US jobless rate fall to a 49-year low. Eleven years into the economic cycle the US labour markets continues to have legs. The takeaway was that with no change in wage growth month over month we are still yet to see and signs of rampant […]

Global Growth and Stock Market Melt Up?

Global Growth and Stock Market Melt Up?   Download PDF   There were similar patterns over the past few weeks in the first quarter GDP prints from China, the United States, and the European Union. Economic growth fared better than expected. This is notable given the two countries and one region account for over half […]

The Week Ahead in Gold

The start to the trading week has seen volatility come roaring back into equities. The CBOE’s fear gauge, the VIX, is up nearly 30 percent in early action as the Dow Jones Industrial Average has dropped nearly 300 points. U.S. President Donald Trump caught investors off-guard over the weekend with a pair of tweets that […]

The Week Ahead in Gold

Out of the challenges faced in recent weeks, some positives have emerged. Despite having to contend with numerous, potentially negative headlines, the gold market has shown some significant resiliency and could be set for a bounce-back in the sessions ahead.   Worries over a global slowdown have continued to dissipate, at least for now. Last […]

Bank of Canada Surprise

Download PDF Leading into the Bank of Canada’s (BoC) interest rate and policy announcement this past Wednesday, expectations were for the Canadian central bank to abandon any guidance of future rate increases. Those expectations were met. The big surprise though was that the Canadian central bank dramatically trimmed their economic growth forecasts for 2019. Following […]