July 18, 2021

On Friday, the S&P 500 was down 0.75% and Toronto was down 1.0%

Most stocks were down on the day.

This coming week we will see more Q2 earnings reports come in particularly for U.S. stocks and that may be a driver for some individual companies. So far, nothing seems have to changed the general positive outlook for the markets.

OPEC is apparently planning to increase production at least by September 2022 as oil demand increases. Oil prices may have reached a maximum for now. In any case prices are still high enough to be positive for Alberta.

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