IMPORTANT ANNOUNCEMENT FROM KAREN DODD RE GLEN DODD FINANCIAL SERVICES, INC. It is with extreme sadness that I must inform you that just less than a month after my husband, Glen Dodd’s death from cancer, our beloved partner, Mike Tsuboi, passed away suddenly on May 13th. Obviously, this has left us all devastated. Some of…
Read The ArticleAt the close of business last Friday, a solid week of gains in global equity markets snapped a seven-week losing streak as investors anticipate that the US Federal Reserve will not need to tighten as aggressively as feared to bring inflation down. The yield on the benchmark US 10-year note declined to 2.74% from 2.81%…
At the close of business last Friday, US equities declined for the week as inflationary concerns and margin weakness hit retailers. European equities also retreated, while Canadian and Asian equities advanced. The yield on the US 10-year Treasury note settled at 2.81% after breaching 3% earlier in the week. The price of a barrel of…
At the close of business last Friday, global equities in North American and Asian equities were lower on the week while European equities made gains. The US 10-year Treasury note fell from its intra-week high of 3.20% to 2.90% on Friday. The price of a barrel of West Texas Intermediate crude oil changed little from…
At the close of business last Friday, global equities were lower on the week amid multi-percentage point intraday swings. Rising rates and higher oil prices contributed to the volatile market backdrop. The yield on the US 10-year Treasury note rose to 3.11%, the highest level since 2018, from 2.90% last week. The price of a…
As of the close of business last Friday, global equities were modestly lower on the week, while the yield on the benchmark US 10-year Treasury note rose eight basis points to 2.78%, having topped out early in the week at a three and a half year high of 2.83%. The price of a barrel of…
As of the close of business last Friday, global equities were modestly lower on the week amid a sharp back up in US yields. The yield on the benchmark 10-year note reached 2.70% on Friday, the highest level since 2019. The price of a barrel of West Texas Intermediate Crude oil fell further this week,…
At the close of business last Friday, global equities were largely flat on the week, but they also suffered a quarterly decline for the first time in two years. The price of a barrel of West Texas Intermediate crude oil dropped to $100.62 from $113.47 last Friday as US president Joe Biden announced the release…
SPECIAL NOTE: We are recommending a reallocation of assets within your portfolio. Please give Glen a call at 604.992.6638. At the close of business last Friday, global equities struggled to advance this past week. The price of a barrel of West Texas Intermediate crude oil rose to $113.47 from $103.00 last Friday. The yield on…
As of the close of business last Friday, global equities rallied strongly on the week, following several weeks of losses in the aftermath of the launch of the Russian invasion of Ukraine. Amid concerns over the potential for widespread lockdowns in China as the Omicron variant spreads there, the price of a barrel of West…
At the close of business last Friday, global equities were mixed with the Canadian market up marginally, the US markets down, European markets rallied while Asian markets declined on the week. The yield on the US 10-year note increased this past week to 1.998 from 1..738% a week ago. The price of a barrel of…
At the close of business on Friday, global equities declined on the week as investors continued to assess the risk of the conflict in Ukraine. The yield on the US 10-year note dropped this past week to 1.738 from 1.98% a week ago. The price of a barrel of West Texas Intermediate crude oil surged…
At the close of business on Friday, global equities were quite volatile, but little changed on the week. The yield on the US 10-year note rose this week to 1.98% from 1.93% a week ago. The price of a barrel of West Texas Intermediate crude oil decreased to $91.03 from $91.58, breaking $100 per barrel…
