July 25, 2017

Tuesday was a strong day in the markets with the S&P 500 up 0.3% and Toronto up 0.5%.

There will be a lot of earnings reports in the next few weeks to give direction to the market.

The yield on the 5 year Canada bond continues to rise and is now at 1.64%. That’s still low but is the highest since early 2014. It had bottomed out down near 0.5% which was insanely low.