On Thursday markets rebounded somewhat with the S&P 500 up 0.6% and Toronto up 0.8%.
Yesterday, after the close, lululemon signed a deal with Peloton which sent Peloton shares up smartly but lululemon was unchanged on the day.
Today a report on August GDP showed very little growth (0.1%) and July was flat which caused bond yields to declined by a small amount.
I’m not sure if I mentioned that the Trans Mountain pipeline got a favorable ruling a few days ago on the route change it needed to get the pipe finished around end of this year. First Nations are looking for reasons and talking appeal. Does the madness ever end? These days all groups seem to feel that their views and interests were not considered unless the rulings go the way they want. That is unrealistic. The regulator must BALANCE interests, not give a veto to any group.