TSX; Eh-Okay.

The TSX saw another week of record highs despite ongoing uncertainty over the economic fallout from the trade war. In fact, since the start of November (just before the U.S. election), the TSX has outperformed both the S&P 500 and the EAFE index......

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May Trade Note.

Global economy – slowing, not cratering. While front-running in US imports benefitted economies outside the US in Q1, a pull-forward in consumption ahead of tariffs may be temporarily boosting US growth in Q2......

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Sp-OILER Alert. This Time Will Be Different.

Markets were back to their winning way this week having just completed the strongest month since November 2023......

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April's Dip May Just Bounce Back

Despite having the first negative week in over a month, the S&P 500 has rebounded roughly 19% from its April 8 closing price......

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Like It Was All a Dream...

Well, let the good times roll… Not a sentence we thought would be opening our MWW commentary at this time last month. Global benchmarks have put together a string of four consecutive weekly gains on the back of continued progress......

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Have a Tariffic Mothers Day!

Global markets continued to rally this week stringing together three solid weeks of gains. In fact, US benchmarks are surprisingly higher today than where they were on the universal tariff announcement day – aka “Liberation Day”......

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Monthly Trade Note. K.C.C.O…

Growth slump or recession? Despite the U.S. reciprocal tariffs falling to a blanket level of 10% for most countries, the U.S. effective tariff rate on U.S. imports has gone from 2% to around 21%......

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He Said, Xe Said

Markets rallied in a big way this week as investors digested softening tariff rhetoric out of the US administration. While there was basically nothing on concrete progress, markets welcomed remarks from Donald Trump saying he is willing to take......

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Happy Easter!

It was a mixed holiday shortened week for major North American benchmarks with Canada’s TSX posting decent gains and our counterparts to the South seeing small losses......

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And the Penguins Breathe a Cold Sigh of Relief

What a dizzying week… The past five days have truly been one for the record books. Monday saw an incredibly 8% whipsaw in major benchmarks on “false” reports that the Trump administration was holding off on reciprocal tariffs for 90 days......

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