Guilty On All Counts
Dear valued client, Both Canadian and American markets had major rallies this week posting gains of 5.7% and 5.75% respectively after several weeks of sell-offs. Following the Federal Open Market Committee’s meeting on Wednesday, the U.S. central bank decided to hold interest rates steady at 5.25-5.5%. Jerome Powell made it clear another interest rate hike […]
What Is Conversational AI? NVIDIA Blog
What Is A Key Differentiator of Conversational Artificial Intelligence Ai? But what is the benefit to those of us who are content with our organic relationships? We can look forward to validating the assumption that conversation is a more intuitive interface. It seems plausible because a few core components of the WIMP paradigm have well-documented […]
Cycle of Revenge
Dear valued client, Markets dropped slightly this week as the war in the Middle East entered its second week. Palestinian causalities continued to mount in Gaza and even more Palestinians are gathered on the Egyptian border as water and supplies have been cut off from the region. President Joe Biden made a visit to Israel […]
War Erupts in the Middle East
Dear valued client, Markets posted gains this week despite war breaking out in the Middle East. I will refrain from commenting on the history of the Israeli-Palestinian conflict as my ignorance far surpasses my knowledge on the subject. I will share the objective facts as I have read them and comment on how the conflict […]
SBF Pointing Fingers
Dear valued client, Markets started the week in mixed fashion and ended with gains of roughly 0.5% amid political turnover both on the Canadian and American side of the border. Canadian House Speaker Anthony Rota stepped down from his position after mistakenly inviting and honoring a former SS Nazi in the House of Commons last week. […]
Say WHAT?
Dear valued client, Markets continued their lackluster month of September with another week of slight losses amid a backdrop of a looming U.S. government shutdown, a weakening labor market, and consumer headwinds. On a positive note, the revised U.S. GDP for the second quarter of 2023 came in at 2.1%, showing the economy continued to […]
Fed Holds Steady
Dear valued client, Markets slipped this week as the Federal Reserve decided to hold interest rates steady at 5.25-5.50%. Given Jerome Powell’s comments following the decision, experts expect one more rate hike before the end of the year, which would bring the federal funds rate close to 6%. Following in the U.S.’s footsteps (whose median […]
(Legal) Heavyweight Showdown
Dear valued client, Markets lost slight ground this week as Apple launched its new iPhone 15 (with a new charging port – surprised, surprised), and U.S. inflation numbers were released. The CPI came in at 3.7%, higher than in July (3.2%) and June (3%). This uptick in prices dramatically increases the odds of one more rate […]
BofC hits the Pause Button
Dear valued client, Canadians let out a sigh of relief this week when Tiff Macklem announced the Bank of Canada is holding its interest rate steady at 5%. The rationale behind the decision is that, by most metrics, the economy is showing signs of cooling. The move was expected and already priced into the market […]
What is Genuine Freedom?
Dear valued client, Markets finished with gains (+2.5%) this week to close a rather sluggish month for equities. Despite the light week in terms of economic news, there were two noteworthy reports released; (1) According to the National Association of Realtors, U.S. pending home sales ticked up in July by 0.9%, rising for the second […]
