Weekly Market Commentary

North American markets were higher on the week with new all-time-highs hit south of the border for the first time since February as we had a de-escalation of the situation in the Middle East and a White House that said......

North American markets were basically flat on the week, but easily within reach of new all-time-highs. All this despite the ongoing conflict in the Middle East. The initial market reaction to the event last Friday......

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......

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......

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

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

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......

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......