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......
At the time of writing, in the past 100 hours we have had the freshly-minted President threaten to impose tariffs for various ‘transgressions’ on the EU, China, Russia, and of course Canada and Mexico......
After a stuttering start to 2025, financial markets found a firmer footing this week as inflation concerns calmed......