Get ready for a very chompy market until a deal is reached by the US government on debt ceiling.
I think they will wait until the last minute to announce a deal and anybody having some cash on hand will be able to get some real bargain near the end of the month.
I also expect the us dollar to be on the down side vs the Canadian $ so if some profit can be madein cad$ it could be an interesting idea to buy some US stock (if you believe that us will reach a last minute deal)
If that deal was not to be reached on august 2nd, get ready for a major index free fall and again good profit to be made on many large us corp especially in the banking sector.
As usual NEVER invest more money than you can afford to lose and always ALWAYS take some profit when conditions arise. Nobody has ever been in trouble for cashing profit!
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