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Quotes from the news wire:
The Canadian economy is behaving like an emerging market now, as rates start going higher in the U.S. and on the other side with the lower energy price, you going to see a flight of capital out of Canada go to higher return countries, namely the U.S..
– Marcus Xu
If investors want to still play in Canada, you stay away from commodities, stay away from industrial mining, just focus on technology, consumers and gold.
As rates start going higher in the U.S. and on the other side with the lower energy price, you going to see a flight of capital out of Canada go to higher return countries, namely the U.S..
There's not a lot of positive things that support the equity price.
There's definitely more downside risk, being more cautious and staying away from high-yield sectors is a good idea.
The probability of the Fed raising rates is getting higher.
The market's been very volatile this year ... which means there's some kind of downside coming up.
This is basically anticipation that going down the road the U.S. economy might start to slow down a little bit. The Canadian side is being dragged from that.
Investors are getting used to the fact that oil is volatile, it swings back and forth quite a bit on a day-to-day basis.
The market is a little undecided. You can see that the market is really split on what's going to happen tomorrow.
All of a sudden, the market has gotten spooked and become nervous again. Nobody seems to be able to figure out what the overall market is thinking.
The market here is really moody.
We're looking ahead to a very volatile 2015.
I don't recommend that investors in Canada stay too heavily invested in the commodity sectors.
I don't see any big-time comeback on the commodities side, with the oil price and commodity prices coming back just a little bit, the TSX should do fairly OK.
The market seems to have relaxed in terms of worrying about the interest rate hike in the U.S..
It's another leg down. There doesn't seem to be a bottom for oil anytime soon.
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"Marcus Xu Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 5 Aug. 2020. <https://www.quotes.net/authors/Marcus+Xu+Quotes>.
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