Suncor Energy Inc Stock Forum

As 2024 nears its end, we've witnessed inflation rates falling in major developed countries, with Canada's inflation rate dropping from 2.9% at the beginning of the year to 1.9%. This year, the Bank of Canada took the lead in cutting interest rates, followed by the Federal Reserve. The AI sector in North America continued its rally, driving Canadian tech stocks to soar.
■ How did each sector perform in 2024?
Among all sectors in Canada, t...

Good morning mooers! Here are things you need to know about today's market:
● S&P/TSX 60 Index Standard Futures are trading at 1,517.20, up 0.05% from previous close
● Fall economic statement update responds to trump presidency, deficits expected to widen
● Barrick considers shutting down Mali gold mine amidst dispute with government
● Imperial oil ltd seeks additional government...

...after hitting a seasonal low in August, with most stocks priced near the bottom of a 2 year trading range?
And now, with economic stimulus announced this week in China, and after the US Fed added its own stimulus of a 50 basis point interest rate cut, this in addition to entering the winter heating season which could see speculative interest in the sector increase?
Just curious on other people's thoughts. As the saying goes, I tend to "ren...