Global markets were lower this week as investors digested a hotter-than-expected US inflation report and a potential escalation of events in the Middle East. For the third consecutive month, the core US Consumer Price Index (CPI) increased 0.4%......
Stocks rebounded Friday but still posted declines on the week following the worst session in over a year on Thursday. Investors are torn between wanting a strong economy to support further corporate earnings growth and wanting a weaker jobs market......
The curtain closed on a historic first quarter for North American benchmarks. The S&P 500 was flat Thursday as it wrapped up its best first-quarter performance in five years. For the quarter, the S&P 500 was up 10%......
We hinted at it in our last edition two weeks ago and this week it became a reality. After the S&P 500 notched its 20th new high of 2024 on Thursday, Canada’s overlooked TSX jumped on the global bandwagon this week and traded in record territory......
Central banks continue to preach patience on the prospect of rate cuts, albeit while also dangling tantalizing hints that it may be only a matter of time. The February jobs data mostly delivered the same message, with both the U.S. and Canada......
Another week. Another week of record gains for most major North American benchmarks. The S&P 500 has rallied sharply in recent days on the heels of some extremely impressive earnings results from several high-profile names and is now sitting......
Global Equities continued their unrelenting march to new highs this week with major benchmarks now higher six of the last seven weeks. Perhaps most topical for markets (outside of Nvidia) was Japan’s Nikkei stock index which finally surpassed......
It was a volatile, but positive week for North American markets as investors aggressively sold off a stronger-than-expected US CPI Inflation report on Tuesday. Despite Tuesday being the worst day for the market in almost a year......
Stocks have rallied sharply the last 3-4 months. In fact, the S&P 500 hit a new record of 4,999.89 in Wednesday trading – a mere 0.0002% away from the 5000 level. Directionally, we think the market has this right, with the recent rally powered......
Market wrapped up yet another week of gains that saw some major US indices hit new all-time-highs. This despite the US Federal Reserves’ inference that a March rate cut is not their base-case-scenario......