Trading Desk Notes For March 19, 2022

The best weekly equity market rally in two years was “setup” by extremely negative sentiment The Vanguard Total Stock Market ETF (VTI) had its lowest weekly close in nearly a year last Friday – down ~14% from January’s All-Time Highs. In last week’s TD Notes, I...

B.C. economy cooling quickly as labour shortages squeeze growth: TD

There was little expectation going into 2022 that B.C. would be able to maintain last year’s surge of economic growth following in the wake of initial pandemic paralysis. But the province now appears to have become a “victim of its own success,” according to TD...

The Stealth Crash in Technology Stock

Price is what you pay, value is what you get. “Price is what you pay. Value is what you get”, a quote uttered famously by Warren Buffett in his 2008 annual letter to the Berkshire Hathaway’s shareholders. Price and value are two sides of the same coin. Understanding...

Canada’s inflation rate hits a three-decade high

Rising prices: Canada’s inflation rate hit a new three-decade high in February, adding pressure on the Bank of Canada to raise rates, the Globe reports. The Consumer Price Index (CPI) rose 5.7 per cent in February from a year earlier, up from 5.1 per cent in January,...
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