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......
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......
US Markets finish off another winning week, fueling calls that a new bull market has already begun. Despite muted performance today, the S&P 500 has climbed for the past six sessions and closed at a record high for five straight trading days......
Weakness in US stocks during the first few days of January raised some concerns for investors but on Friday the S&P500 rose to an all-time high. This momentum comes on the back of the longest winning streak for US stocks in 20 years.....
Thank you 2023, you were a welcomed reminder that equity markets can indeed go higher after an absolutely dreadful 2022. With the Canadian and US economies having so far avoided recession, inflation retreating, and visions of rate cuts dancing......
Wall Street extended its rally this week after dovish Federal Reserve signals raised optimism the world’s largest economy will be able to avert a recession. North American benchmarks surged with the S&P 500 fast approaching its record......
North American benchmarks took a much-deserved breather this week following a string of five consecutive weekly gains for most major indices. Nothing in particular was driving markets as we enter a seasonally quiet period......