Marketmind: Stocks set for strongest gains in a year

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Global stocks are having their strongest weekly rally in a year, global yields are sliding and corporate earnings reports have been surprisingly robust. If ...

Global stocks are having their strongest weekly rally in a year, global yields are sliding and corporate earnings reports have been surprisingly robust.

The premise is that the Federal Reserve, Bank of England, European Central Bank and other central banks are done raising rates. Investors are now looking to when the easing cycles start and how far they go. Around 70 to 75 basis points of Fed easing next year is priced into the U.S. curve, and almost 50 bps of expected rate cuts is reflected in the UK curve.

A Japanese markets holiday has trussed the yen to around 150.40 per dollar, towards the end of a whirlwind week when it hit a one-year low against the dollar and 15-year low against the euro after the Bank of Japan tweaked its yield curve control policy. Traders however remain on watch for signs of intervention from Japanese authorities.

Investors can earn a regular and predictable monthly income by investing in this REIT. The post This 8.3% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada. -- Costco Wholesale Corp.’s Richard Galanti, who has served as Chief Financial Officer of the warehouse club retailer since 1985, says he views the more than decade-long period of low interest rates in the US as an anomaly.

 

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