Market Outlook


The Latest Edition of the Dundee Market Monitor
June 2007 -- While Bank of Canada concerns may trigger a prime rate increase in July, compensating downside and upside risks in the U.S. should hold rates stable there. Yields above 5% have raised investor interest in bonds. Firm commodity prices could carry the Canadian dollar higher, but a temporary pullback along the way is likely. The U.S. dollar is trending downward in the short term, but long-term support is stronger. Meanwhile, the S&P/TSX index is beginning to look a little overvalued.
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Latest Edition of the Dundee Economic Monitor
June 2007 -- In light of very positive 3- and 12-month gains, investors need not be seriously troubled by recent market volatility. U.S. interest rates, inflationary pressures and our dollar's dramatic rise are all contributing to the correction. On a more positive note, new tables have been added to the Market Monitor to assist advisors in their allocation strategies.
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