by Brent Vandermeer | Dec 10, 2024 | Market Commentary
Market Pulse The year has been exceptional for equity holders, and November continued the trend with a notable “Trump bump.” The Dow Jones Industrial Average climbed an exceptional 7.48%, and the S&P 500 rose 5.62%, as markets responded positively to...
by Brent Vandermeer | Nov 14, 2024 | Market Commentary
Market Pulse The Bank of Canada cut rates by 50bps during October in an attempt to spur growth by easing the pressure on Canadian consumers. Although a 50bps cut is not insignificant, the move was expected and resulted in little market movement upon the news. The...
by Brent Vandermeer | Oct 11, 2024 | Market Commentary
Market Pulse Major central banks showed eagerness to fend off a hard landing as the US federal reserve embarked on an aggressive easing cycle, cutting rates by 50bps, while at the same time China delivered a stimulus package, which was its largest since 2015. Both of...
by Brent Vandermeer | Sep 13, 2024 | Market Commentary
Market Pulse The strategy of borrowing in low-rate currencies, like the Japanese Yen, to reinvest in higher-yielding assets, like stocks or cryptocurrencies, is called a ‘carry trade’. With the Bank of Japan raising interest rates and liquidity constrained...
by Brent Vandermeer | Aug 9, 2024 | Market Commentary
Market Pulse The Bank of Canada has cut its benchmark interest rate by 0.25% for the second consecutive meeting, bringing it to 4.5%, and signaled further easing due to waning inflation concerns. Governor Tiff Macklem emphasized that economic headwinds and excess...
