Markets

Top picks from Gordon Reid, president and CEO, Goodreid Investment Counsel

President-elect Donald Trump’s vows to “frack, frack, frack” are about to collide with a global crude glut that’s set to, finally, temper record shale production.

Oil steadied after the biggest gain in more than five weeks as the dollar weakened and a risk-on tone swept across wider markets.

Top picks from Peter Hodson, chief investment officer at i2i Capital Management

Some experts say the Canadian dollar will remain weak through at least the end of this year.

Alex Ruus, portfolio manager, Arrow Capital Management.

One portfolio manager says that confusion may have been behind a Thursday rally of Bluesky Digital Assets Corp. shares, which later fell Friday.

Top picks from Alexander MacDonald, portfolio manager, GlobeInvest Capital Management

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the International Energy Agency said.

Oil edged lower on signs of a possible de-escalation of tensions in the Middle East, a surging US dollar, and concerns about demand.

Brett Girard, chief financial officer and portfolio manager at Liberty International Investment Management

The Canadian dollar has weakened to its lowest position against the U.S. dollar in over four years, and one market strategist says it could go further.

Ryan Bushell, president and portfolio manager, Newhaven Asset Management

As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high.

One expert says the price of Bitcoin is rising on hopes of looser regulations following Donald Trump’s election victory, but he has concerns about the cryptocurrency as an asset class.