Category: Updates

September was a solid month for North American markets. Canada’s benchmark TSX notched four-month highs as heavyweight financials climbed and energy stocks responded to an upsurge in oil prices. On Wall Street, it was business as usual as the main equity indices rallied to new record highs. Monetary policy developments and volatility on the geopolitical

Canada’s economy blew past expectations in the second quarter, as the nation continued to benefit from robust consumer spending and a synchronized global recovery. However, four straight quarters of above-potential growth has done very little to lift Canadian stocks, which continue to straddle near the breakeven level for the year. Meanwhile, U.S. stocks ended a

Wall Street’s bull run intensified last month, as upbeat corporate earnings lifted the major indexes to multiple record highs. North of the border, Canadian stocks capped off another disappointing month, as the loonie rose to multiyear highs following the Bank of Canada’s decision to raise interest rates. U.S. Stocks Surge on Earnings, Slow-Go Fed Wall

Global equity markets ran into resistance last month, as plunging oil prices and a rotation out of the technology sector weighed on investor sentiment. Overall, markets from New York to London performed exceptionally well through the first six months of the year, as the Trump reflation trade eclipsed broader economic uncertainty. Canadian stocks were largely

Canada’s emergence as the G7’s fastest-growing economy was barely noticed last month, with investors preoccupied by a growing political scandal involving U.S. President Donald Trump. Politics triggered North America’s biggest selloff in more than eight months, with a key measure of volatility spiking at a pace rarely seen outside of major crises. Trump Faces Biggest

The end of the first quarter offered up sobering thoughts on the global economy. Failed healthcare reform in Washington cast a dark shadow on the Trump administration’s America First plan, rattling investors’ sentiment from Wall Street to Tokyo. As a result, Canadian stock markets failed to generate significant growth even as the economy finally showed