April Showers Bring May Flowers

It was a positive end to a volatile week, calling to mind images of “flowers” as we turn the page from April “showers”. Apple’s earnings and record-sized stock buyback plan helped lift sentiment......

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Only Bear Market Here is Elias Petterson's Production...

After a 25% run higher in the S&P 500 from Oct23-Mar24, the tone in the markets in recent weeks seems to have shifted. The S&P 500 was on the cusp for a fourth straight losing week, while the technology-heavy Nasdaq just posted its first gain in......

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Feds Version of Capital Punishment.

North American markets remained volatile this week as investors continue to digest economic data for clues as to when we’ll see the first interest rate cut out of the US Federal Reserve......

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Three Strikes; Junes Out!

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%......

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Total Eclipse... Of the Jobs Report.

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......

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No Eggs Laid This Quarter...

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%......

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Took Almost Two Years, But...

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......

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Happy International Women's Day!

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......

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Race To the Bottom, And We Are Not Talking About the Canucks.

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......

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Not Since Harry Met Sally…

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......

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