Let's connect
We’re looking forward to meeting you.
Coming off of a mixed day for US markets where the Dow fell 1.1% and the NASDAQ finished up 0.2%, US index futures are up 0.1%-0.3% this morning. Overseas, the Nikkei popped 2.5% while the Hang Seng gained 0.5%. The
US index futures had been trying to mount a comeback in the early hours of this morning but were unable to get very far relative to yesterday’s major US index declines of 4.0%-5.0% and have slipped back into the red
Heavy selling pressure continued through overseas trading overnight and into this morning, with the Nikkei falling 1.3%, the FTSE falling 0.4% and the Dax dropping 0.3%. In a sign that investors remain nervous, cryptocurrencies are down again this morning with
The market selloff appears to be taking on a life of its own this week. With US consumer price inflation still running above 8.0% over year and US producer price numbers announced this morning still running hot (11.0% vs street
Central banks are in the spotlight today with accelerated tightening on the agenda. Last night, the Reserve Bank of New Zealand, who had been raising rates at a pace of 0.25% per meeting for their last few meetings and had
Downward pressure on stock markets that sent the NASDAQ and the Russel 2000 down 1.4% in yesterday’s trading continued through the Asia Pacific session where the Hang Seng lost 1.3% and the Nikkei fell 0.7%. Stocks have been trying to
SIA Wealth Management Inc. (SIAWM) specifically represents that it does not give investment advice or advocate the purchase or sale of any security or investment whatsoever. This information has been prepared without regard to any particular investor’s investment objectives, financial situation, and needs. None of the information contained in this document constitutes an offer to sell or the solicitation of an offer to buy any security or other investment or an offer to provide investment services of any kind. As such, Advisors and their clients should not act on any recommendation (express or implied) or information in this report without obtaining specific advice in relation to their accounts and should not rely on information herein as the primary basis for their investment decisions. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. SIA Wealth Management Inc. nor its third party content providers make any representations or warranties or take any responsibility as to the accuracy or completeness of any recommendation or information contained herein and shall not be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice.