As the U.S. government shutdown has finally come to an end, investors the last two weeks were rattled by a rotation in stock markets: The darlings of the technology and AI sectors......
In direct defiance of lore, markets ended spooky season at all-time highs after a more than six-month ascent off early April lows......
Following a near-continuous upward march since the spring, equity markets stumbled somewhat this week on valuation concerns in the Artificial Intelligence space and the now-record long U.S. government shutdown......
Last week marked the 3-year anniversary of the current bull market. It was October 22, 2022 when North American equities bottomed, having declined nearly 25% in the U.S. and 18% in Canada......
After a six-month steady move higher, the S&P 500 and Canadian TSX have faced an up-tick in volatility in recent weeks......
“There are many kinds of risks… but volatility may be the least relevant of them all.” - Legendary investor, Howard Marks. Probably the first time we have ever opened our weekly comment with a quote......
Perhaps it was gold breaking the $4000 barrier, or maybe it was the series of record equity market highs even in the teeth of a normally tough season for stocks. It could be the fact that analysts have little economic data to chew on......
Global stocks have been repeatedly hitting new highs, leaving investors looking over their shoulders for the bubble-bursting bogey man to appear. The bad news......
After almost nine weeks of consecutive gains and all-time highs, we finally saw a week where markets took a long-overdue breather. Nothing in particular led to the week where major indexes were roughly 1% in the red......
Well, our comment several weeks ago that “rates to fall, in fall” was somewhat correct. This week (still technically summer), we had both the Bank of Canada and US Federal Reserve lower their key overnight rate by 25bps......