AI Bellwether Reports
Dear valued client,Markets nudged into positive territory this week as U.S. consumer confidence reached a six-month high, driven by a decline in inflation and expectations of an imminent interest rate cut. This optimism suggests that Americans are feeling more positive about the economy. However, concerns remain about the softening labor market as the unemployment rate, […]
What’s ‘Couche-Tard’ in Japanese?
Dear valued client, Markets see-sawed into positive territory this week as investors were caught between optimism of reduced interest rates in September and concerns of weak employment figures. Fed Chair Jerome Powell delivered a direct message from Jackson Hole today, confirming that the Fed will lower interest rates, a move anticipated by many but now […]
Inflation Wanes
Dear valued client, Markets closed out their best-performing week of the year as encouraging inflation data was released. The U.S. CPI came in at 2.9% in July (compared to 3% in June and 3.3% in May). This provides the Fed with ample evidence that price increases are waning and virtually guaranteeing a rate cut in […]
Market Rebound
Dear valued client, Markets finished relatively flat following a week of above-average volatility. After tumbling on Monday, the main indices recovered all their losses to close out the week where they started. Cycles in the stock market and the economy at large are inevitable, typically following a sequence of growth, peak, sell-off, and recovery. Market […]
Rate Cuts on the Table
Dear valued client,Following their two-day meeting on Wednesday, the Federal Reserve announced rates will remain unchanged for the time being. Chairman Jerome Powell was unusually revelatory in this statement following the decision, saying, “We’re getting closer to the point at which it’ll be appropriate to reduce our policy rate, but we’re not quite at that point.” […]
Extreme Form of Censorship
Dear valued client,Markets lost ground following a week of intense political news. In a shocking event last weekend, 20-year-old Thomas Matthew Crooks attempted to assassinate former President Donald Trump at a rally in Butler, Pennsylvania. Crooks, the son of behavioral health counselors and had no prior criminal record, fired multiple shots from the roof of a […]
Inflation Eases, Rate Cuts on the Table
Dear valued client, Markets are on track for more gains this week following reassuring inflation data. The U.S. CPI came in at 3% in June (compared to 3.3% in May and 3.4% in April). Fed Chair Jerome Powell, while addressing Congress, noted progress in reducing inflation and a cooling job market but didn’t comment on […]
The World is a Mirror
Dear valued client,Markets rose again in a shortened trading week for American Independence Day. We are past the halfway mark of 2024, and in the first half of the year, the stock market saw impressive gains, with the S&P 500 rising 15%, largely driven by Nvidia’s 150% surge. Despite no interest rate cuts from the Federal […]
Notorious Whistleblower Released
Dear valued client,Markets rose again this week despite an uptick in inflation figures. According to Statistics Canada, inflation increased to 2.9% in May (compared to 2.7% in April). This acceleration broke a four-month trend of easing price pressures and complicates the Bank of Canada’s future decisions on interest rates, following a recent cut to 4.75%. This […]
The Ultimate Guide
Dear valued client,Markets sustained its strong performance adding modest gains. This week was light on any pertinent economic announcements. A new Abacus Data poll indicates potential trouble for the Trudeau government, with the Liberals projected to secure only 22% of the popular vote and potentially fall to fourth place in the House of Commons with just 37 seats […]
