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 […]
Tag Archives: stock market
26
Jun
Jun
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 […]
19
Jun
Jun
To gauge the health of Wall Street, and, by extension, the U.S. economy, investors often look at how the S&P 500 is doing. The S&P 500 index, or Standard & Poor’s 500 index, tracks the performance of 500 leading companies that are publicly listed in the U.S. It’s weighted by market capitalization and covers roughly […]
21
Apr
Apr
U.S. President Donald Trump’s unpredictable global tariffs continue to upend relations with the nation’s closest allies. Meanwhile, President Trump’s trade war, unexpected 90-day pause on tariffs, ramped-up tariffs on China, backpaddling on some tariffs against China, and promise that no country is “off the hook” on U.S. tariffs, continue to leave the stock market in […]
03
Apr
Apr
On February 19, the S&P 500 hit a record intra-day high of 6147.43. It’s been all downhill since then as U.S. President Donald Trump’s wavering tariffs threats undermine consumer optimism, fears of a recession, and a big dent in corporate profits How Will Tariffs Impact U.S. Stocks? The S&P 500 is down roughly 10% since […]
20
Mar
Mar
On March 12, the Bank of Canada cut its key lending rate, which impacts interest rates by 25 basis points from 3% to 2.75% This marks the seventh straight interest rate cut by the central bank since June 2024. Since last summer, the Bank of Canada has reduced its key lending rate by 225 basis […]
06
Mar
Mar
What Are Trump’s Trade Tariffs? At 12:01 a.m. on Tuesday, March 4, President Trump kept to his word, enacting sweeping trade tariffs on all goods coming into the U.S. from Canada and Mexico. He has slapped an additional 10% tariff on Chinese imports. The 25% tariff affects nearly all Canadian and Mexican imports. Canadian energy […]
30
Jan
Jan
All eyes have been on big technology stocks thanks to the emergence of Artificial Intelligence and the need for software that can meet the need for massive amounts of data. Most big technology stocks are expected to do exceptionally well in 2025. In 2024, Nvidia Corporation stock rallied an impressive 171%. At the start of […]
10
Jan
Jan
North American equities performed exceptionally well in 2024, even doing better than what analysts expected. After rising 24.3% in 2023, the S&P 500 rallied an impressive 23% in 2024, marking its best two-year run in 25 years. Those are big gains, especially in light of the fact that the S&P 500 has gained around 10.5% […]
24
Sep
Sep
The U.S. Federal Reserve made a big splash, announcing an oversized interest rate cut; a move that is expected to have a big impact on U.S. and Canadian financial markets. Over the last 14 months, the Fed held its key lending rate at a two-decade high of between 5.25% and 5.50%. But with inflation winding […]
