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”......
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%......
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......
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......
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......
Despite extreme levels of pessimism, fear, and elevated rhetoric to say the least, the S&P/TSX has climbed the proverbial wall of worry and is now up 1.5% year to date, outperforming the S&P 500, which is down 3.2% as of mid-day March 27th......
The stock market remained volatile over the last week, with the S&P 500 briefly dipping into correction territory, down 10.1% from its recent highs. This was the first 10%+ drawdown in the S&P 500 since October 2023, nearly 1.5 years ago......
They say a picture says a thousand words. So in the wake of the ongoing volatility and uncertainty in markets these past four weeks, we are going to spare our readers a 24,000 word op-ed on a Friday afternoon......
Here we go again. Again, sorta. U.S. President Trump’s executive order imposing a 25% tariff on all non-energy imports from Canada and a 10% tariff on energy imports is now, somewhat, effective......
Despite the big macro headlines, it was a somewhat uneventful week for equities, which in fact quietly saw a couple new all-time-highs out of the S&P500. We talked at length in our last week’s edition about the ongoing earnings season.....