Category: Economy

Monthly Market Overview June 2025 LAST MONTH’S ECONOMIC EVENTS • U.S. Employment Increased by 177,000 Jobs• U.S. Unemployment Rate Unchanged at 4.2%• Canadian Employment Increased by 7,400 Jobs• Canada’s Unemployment Rate Increased to 6.9%• U.S. Annual Inflation Rate Decreased to 2.3%• Canada’s Annual Inflation Rate Decreased to 1.7%• U.S. Monthly Retail Sales Increased by 0.1%•…

 Monthly Market Analysis May 2025   Economy The United States Tariff Negotiations The Trump Administration started executing emergency Executive Orders implementing new tariffs on February 1, 2025. Since then, many of the announced tariffs have either been paused, lowered, or altered. It has become quite apparent that the United States has imposed high tariffs to spur…

 Monthly Market Overview May 2025  LAST MONTH’S ECONOMIC EVENTS• U.S. Employment Increased by 228,000 Jobs• U.S. Unemployment Rate Increased to 4.2%• Canadian Employment Decreased by -32,600 Jobs• Canada’s Unemployment Rate Increased to 6.7%• U.S. Annual Inflation Rate Decreased to 2.4%• Canada’s Annual Inflation Rate Decreased to 2.3%• U.S. Monthly Retail Sales Increased by 1.4%• Canada’s…

Monthly Market Analysis April 2025 Economy The United States Tariff War Tariffs on American imports are expected to increase the price of goods for American consumers and cut into the profits of American businesses. Nevertheless, the Trump administration has decided to utilize import tariffs to achieve their priorities: Newly Announced Trump Tariffs On April 3rd,…

 Monthly Market Overview April 2025   LAST MONTH’S ECONOMIC EVENTS • U.S. Employment Increased by 151,000 Jobs• U.S. Unemployment Rate Increased to 4.1%• Canadian Employment Increased by 1,100 Jobs• Canada’s Unemployment Rate Unchanged at 6.6%• U.S. Annual Inflation Rate Decreased to 2.8%• Canada’s Annual Inflation Rate Increased to 2.6%• U.S. Monthly Retail Sales Increased by 0.2%•…

 Monthly Market Analysis March 2025   Economy  Tariffs  The United States has implemented direct tariffs on China, Canada, and Mexico. In the coming months, we will need to examine the economic impact the tariffs, and retaliatory tariffs have on all countries involved. The Trump administration has also added tariffs on steel and aluminum imports and plans…

 Monthly Market Overview March 2025   LAST MONTH’S ECONOMIC EVENTS U.S. Employment Increased by 143,000 JobsU.S. Unemployment Rate Decreased to 4.0%Canadian Employment Increased by 76,000 JobsCanada’s Unemployment Rate Decreased to 6.6%U.S. Annual Inflation Rate Increased to 3.0%Canada’s Annual Inflation Rate Increased to 1.9%U.S. Monthly Retail Sales Decreased by -0.9%Canada’s Monthly Retail Sales Increased by 2.5%U.S. Fourth Quarter…

  Monthly Market Analysis February 2025                   Economy  Tariffs  The United Nations (COMTRADE) estimates that in 2017, the first year of the Trump presidency, Canada exported $319 billion USD to the United States. By 2021, one year after Trump left the White House, Canadian exports to the United States were $378 billion USD. Most recently, in…

Monthly Market Overview February 2025  LAST MONTH’S ECONOMIC EVENTS • U.S. Employment Increased by 256,000 Jobs• U.S. Unemployment Rate Decreased to 4.1%• Canadian Employment Increased by 90,900 Jobs• Canada’s Unemployment Rate Decreased to 6.7%• U.S. Annual Inflation Rate Increased to 2.9%• Canada’s Annual Inflation Rate Decreased to 1.8%• U.S. Monthly Retail Sales Increased by 0.4%• Canada’s…

  Monthly Market Analysis January 2025                                                                                                 Global Economy  In 2024, several economic trends persisted:  a strong U.S. Dollar; falling inflation; minimal economic growth in developed nations (except for the United States), Moderating economic growth in developing nations (see charts below). We will continue to monitor these trends in 2025, but we can expect some changes.  2025…