Category Archives: Blog

S&P 500 Defies Economic Headwinds: Why Analysts Remain Bullish Despite Tariffs & Recession Fears

S&P 500 Defies Economic Headwinds

Despite tariffs continuing to hammer the U.S. and Canadian economies, the stock market is still trading at record levels. And, while some believe the stock market is ripe for a pullback or even a correction, Wall Street analysts think the S&P 500 will continue to climb higher. How Are Tariffs Impacting the Economy? U.S. President […]

Canadian Economy Takes a Hit in the Second Quarter as U.S. Tariffs Hurt Exports

U.S. Tariffs Hurt Exports

The trade war with the U.S. is starting to hurt the Canadian economy. The Canadian economy shrank in the second quarter much more than expected, as U.S. tariffs and a strong Canadian dollar hit exports. How Are Tariffs Impacting the Canadian Economy? Second-quarter gross domestic product (GDP) fell by 1.6% at an annualized rate. It […]

U.S. President Donald Trump Threatens 35% Tariff Against Canadian Imports

35% Tariffs

In early April, U.S. President Donald Trump unveiled his global tariff policy. At the time, the President promised “90 deals in 90 days.” His plan didn’t go well. Fears of what a global trade war would do to the economy sent stocks reeling. What’s Happening with the U.S. Trade War? Just days after announcing what […]

The TSX Is at Record Levels and Is Expected to Rally Higher

TSX at Record Levels

The Toronto Stock Exchange, or TSX, has been rallying higher since bottoming in early April. That’s when U.S. President Donald Trump unveiled his “Liberation Day” global tariffs. Stocks sold off on fears of what a trade war with the U.S. would do to the global economy.  The TSX, Canada’s main stock index, tumbled more than […]

Israel/Iran War Could Send Crude to $130 a Barrel

Crude oil prices surged

Crude oil was one commodity few were discussing. At least until June 13. Before that, West Texas Intermediate was trading near a 52-week low near $60 per barrel, on concerns about how U.S. President Donald Trump’s tariffs would impact the economy. There was also growing optimism about a U.S.A./Iran nuclear agreement, which would likely result […]