Category: Updates

Market Update – July Edition: Earnings Lift Wall Street to New Records; Bank of Canada Joins Fed in Raising Rates

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

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Market Update – June Edition: Sector Rotation Hits Technology Stocks; TSX Fails to Grow in First Half

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

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Market Update – May Edition: Canada’s Economic Gains Usurped by Global Political Unrest; TSX Underperforms Wall Street

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

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Inukshuk Capital Management Q1 Market Update: Canadian Economy Catches Tailwind; BlackRock Shifts Stock-Picking Strategy

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

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