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 […]
Buybacks are Back in Fashion
Dear valued client, Markets lost some ground this week as U.S. inflation saw a slight uptick in February, coming in at 3.2% (compared to 3.1% in January and 3.4% in December), surpassing economists’ expectations of 3.1%, according to the recent report from the Labor Department. This marks the second consecutive month of inflation surpassing forecasts, reinforcing […]
Apple’s 2 Billion Dollar Ticket
Dear valued client, Markets remained relatively flat this week after a terrific start to 2024. The Bank of Canada held interest rates steady this week, demonstrating a commitment to stability despite fluctuations in inflation figures. This decision marks the fifth consecutive time the central bank has opted to maintain the benchmark interest rate. Despite speculation, […]
Orwellian Online Bill
Dear valued client,Markets finished in positive territory again this week, reaching new all-time highs. After a lull in 2022-23, IPOs are on the rise again. Reddit, the platform renowned for catalyzing meme stocks, is set to go public, marking a significant shift for the company. Unlike traditional IPOs, Reddit plans to offer 75,000 of its dedicated users […]
