Category: Economy
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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…
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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…
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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…
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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…
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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…
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Monthly Market Overview January 2025 LAST MONTH’S ECONOMIC EVENTS• U.S. Employment Increased by 227,000 Jobs• U.S. Unemployment Rate Increases to 4.2%• Canadian Employment Increased by 50,500 Jobs• Canada’s Unemployment Rate Increased to 6.8%• U.S. Annual Inflation Rate Increased to 2.7%• Canada’s Annual Inflation Rate Decreased to 1.9%• U.S. Monthly Retail Sales Increased by 0.7%• Canada’s…
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Monthly Market Analysis December 2024 Global Economy Unpredictability Although the purpose of this article is not to analyze government policies, it is necessary to reflect on the changing political environment in the United States. The proposed changes to U.S. Government policy will lower corporate taxes, increase tariff rates, and widen the number of countries that…
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Monthly Market Overview December 2024 LAST MONTH’S ECONOMIC EVENTS • U.S. Employment Increased by 12,000 Jobs• U.S. Unemployment Rate Unchanged at 4.1%• Canadian Employment Increased by 14,500 Jobs• Canada’s Unemployment Rate Unchanged at 6.5%• U.S. Annual Inflation Rate Increased to 2.6%• Canada’s Annual Inflation Rate Increased to 2.0%• U.S. Monthly Retail Sales Increased by 0.4%•…
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Monthly Market Analysis November 2024 Global Economy Where Do We Go from Here? In a global environment where most of the world’s central banks are cutting interest rates, inflation is trending downward, and economies are showing signs of rebounding. What can we expect next? Even with ongoing and developing, geopolitical headwinds, we expect the global economy…
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Monthly Market Overview November 2024 LAST MONTH’S ECONOMIC EVENTS U.S. Employment Increased by 254,000 JobsU.S. Unemployment Rate Decreased to 4.1%Canadian Employment Increased by 46,700 JobsCanada’s Unemployment Rate Decreased to 6.5%U.S. Annual Inflation Rate Decreased to 2.4%Canada’s Annual Inflation Rate Decreased to 1.6%Canada’s Monthly Retail Sales Increased by 0.4%U.S. Monthly Retail Sales Increased by 0.4%U.S. Third…