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The cycles within economic cycles

Investing for Fun and Profit: The economic cycle, presidential cycle and stock market cycle are separate entities that interact

The S&P 500 — the market I’ll be referencing throughout this article — has been on a tear the past couple of years, leading many to wonder if the hot bull market can continue. It was up 26.3 per cent in 2023 and at time of writing is up about 23 per cent year-to-date. Let’s […] Read more



U.S. President-elect Donald Trump has said he will sign an executive order imposing 25 per cent tariffs on Canadian and Mexican products on his first day in office. Brandon Bell/Pool Via Reuters

Agriculture sectors look for footing after Trump tariff threat

A threatened 25 per cent U.S. tariff against Canadian goods has raised questions about next year’s agriculture trade for export-reliant sectors

Speculation about U.S. tariffs hit a new gear for Canadian agriculture sectors in the last week of November. U.S. President-elect Donald Trump had already threatened a 10 per cent tariff on products coming into the U.S. while on the campaign trail. That fostered wariness from many farm groups whose industries are heavily reliant on exports […] Read more



The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn

The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.

Governments have only a limited amount of sway over markets at large but can influence investor sentiment on different sectors, such as health care or alternative energy.

Is it best, when investing, to stay politically agnostic?

Investing for Fun and Profit: Besides, how much influence do governments really have on the markets?

I began this column the day after the great Harris/Trump debate. Based on the publishing schedule, you might be reading it just before the U.S. election. A lot can happen in both politics and the markets over a six-week period, but I thought it would be an appropriate time to review how politics may or […] Read more