2024 Market Outlook

Thank you 2023, you were a welcomed reminder that equity markets can indeed go higher after an absolutely dreadful 2022. With the Canadian and US economies having so far avoided recession, inflation retreating, and visions of rate cuts dancing......

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A Santa Claus Rally, Indeed!

Wall Street extended its rally this week after dovish Federal Reserve signals raised optimism the world’s largest economy will be able to avert a recession. North American benchmarks surged with the S&P 500 fast approaching its record......

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Keep Calm And Carry On.

North American benchmarks took a much-deserved breather this week following a string of five consecutive weekly gains for most major indices. Nothing in particular was driving markets as we enter a seasonally quiet period......

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S&P 493...

Thank you, November! Global markets ended a dreadful 3-month period of declines with a bang this month. Both the Dow Jones and S&P 500 finished November with a 8% gain, while the Nasdaq advanced roughly 10%......

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Black Friday: Trampling Others For Sales Exactly One Day After Being Thankful For What You Already Have.

Continuing a streak of gains not seen since the depths of the pandemic, North American markets moved higher for a fourth consecutive week as data continues to show a slowing of inflation. After a brief acceleration in late summer, U.S......

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Lest We Forget

As Starbucks holiday cups usher in the “holiday season” this week and, perhaps, so too has the market welcomed an early dose of a “Santa Claus Rally”. Global equities continued to march higher this week as Monetary policy remains firmly......

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Are We There Yet?

It was an enormous week for global equites (best since Oct 2022) following the US Federals Reserves decision to leave rates unchanged at 5.25-5.50%. Moving markets, however, was the expectation of future interest rate hikes, or lack thereof......

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A GDP Report Full of Tricks & Treats

Markets remained on edge this week as investors monitor the situation in the Middle East and the rapid rise in government bond yields. Virtually ignoring over 500 bps of policy rate hikes......

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Happy Anniversary Bull Market

It was yet another mixed week in the markets as the situation in the Middle East and US Treasury market continue to dominate headlines. Entering Friday trading, the S&P TSX was exactly flat thus far in 2023, an unfortunate reflection......

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Paraskevidekatriaphobia or not. Its still Friday

It was a full week of headlines as markets digested the escalating violence in Israel, concern in China’s property markets, and slightly hotter than expected inflation. Despite the volatility, major indices close off back-to-back weekly gains......

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