Time to Date a Robot?
Dear valued client, Markets finished relatively flat this week despite Canada’s inflation rate cooling in April with a reported CPI of 2.7% (down from 2.9% in March and 2.8% in February) and is now within the Bank of Canada’s 2% target range for the fourth consecutive month. This trend suggests the BofC may begin cutting interest rates […]
Wait… More Taxes?
Dear valued client,Markets rose yet again this week after the release of encouraging inflation figures. The consumer price index (CPI) in the U.S. came in at 3.4% in April (compared to 3.5% in March and 3.2% in February), still above the Fed’s 2% target. However, this new data potentially sets the stage for an interest […]
The Beginning of the End?
Dear valued client,Markets rose again this week to new all-time highs. Even Apple’s stock faired well despite their disastrously-received new ad. The unveiling of its new iPad Pro through an ad titled “Crush!” has sparked widespread criticism and raised concerns about the company’s marketing strategy. The commercial, featuring a hydraulic press crushing various creative objects, drew […]
Domesticate your Emotions
Dear valued client, Markets rose again this week after the Federal Reserve opted to keep interest rates unchanged for the sixth consecutive time on Wednesday, holding steady at a two-decade high of 5.25-5.5%. Chair Jerome Powell reiterated that rate cuts would only be considered in the presence of improved inflation data or unforeseen weaknesses in […]
TikTok is on the Clock
Dear valued client,Markets showed resilience this week, finishing in positive territory despite twin pressures of lingering interest rates and heightened geopolitical tensions. Big Tech kicked off its Q1 earnings season with mixed results. Tesla reported a notable downturn in revenue and profits compared to previous periods, with revenue dropping to $21.3 billion and profits hitting a six-year low. […]
Bulls Want Firm Ground
Dear valued client,Markets reacted negatively to more conflict in the Middle East this week. Geopolitical tensions create uncertainty for investors and markets will likely not feel bullish again until diplomatic relations are on more firm ground. Iran’s unprecedented barrage of over 300 drones and missiles aimed at Israel initially sparked fears of a wider conflict. However, Israel’s defense […]
Postponement of Rate Cuts
Dear valued client, The U.S. CPI report indicates an uptick in consumer prices, resulting in markets finishing in red territory for the week. Inflation came in at 3.5% in March (compared to 3.2% in February and 3.1% in January). These figures surpassed expectations, prompting concerns among investors who now anticipate a delay in interest-rate cuts. […]
Geopolitical Temperature Increases
Dear valued client, Markets lost slight ground this week following the robust addition of 303,000 U.S. jobs in March, surpassing analysts’ expectations. However, as discussed previously, this is a double-edged sword in that the decline in unemployment raises concerns about potential inflationary pressures and the Federal Reserve’s stance on interest rates. While a strong labor market […]
Fallen Crypto King Sentenced
Dear valued client,Happy Good Friday. He is risen, and so have the markets, posting more gains this week.There is no doubt about Justin Trudeau’s success as a politician. His business acumen, however, was called into question again this week. Foreign leaders, including Greek Prime Minister Kyriakos Mitsotakis, have expressed interest in securing Canadian natural gas, highlighting […]
Monetary Easing on the Horizon
Dear valued client,Markets rose significantly this week with more hope of rate cuts later this year. Canada’s inflation figures came in at 2.8% in February (compared to 2.9% in January and 3.4% in December), marking its lowest level since June 2023. This deceleration, contrary to market expectations of 3.1%, offers the Bank of Canada more flexibility for potential […]
