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......
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......
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.....
Global markets are certainly embracing the fluid backdrop with open arms as major indices broadly finished higher on the week as sentiment improved after investors got more certainty around President Donald Trump’s tariff plans......
Following a 2.5% decline in December, the S&P 500 posted a gain of 2.7% during January with the index closing the month only 1.3% from a record level. However, the path proved to be a bumpy one......