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%•…
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…
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…
Monthly Market Analysis October 2024 Economy United States We are still not seeing any signs of a pending, prolonged economic slowdown in the United States. Last month, the U.S. job market produced 142,000 jobs and the unemployment rate fell from 4.3% to 4.2%. In August retail sales were up marginally, by 0.1%. Although, U.S. retail sales…
Monthly Market Overview October 2024 LAST MONTH’S ECONOMIC EVENTS UPCOMING ECONOMIC EVENTS 1 (Source: Bank of Canada) 2(Source: Statistics Canada) 3(Source: United States Bureau of Labour Statistics) 4(Source: United States Federal Reserve) 5(Source: United Census Bureau) Global Stock Markets Name Monthly (%) 2024 (%) 1 Year (%) Ending Value S&P/TSX Composite…
Monthly Market Analysis September 2024 Economy United States The question on many economists’ minds is: whether the U.S. economy is headed for a crash or just a slowdown? By many measures, the U.S economy is still showing signs of continued growth. Second quarter economic growth as measured by GDP was revised upward last month to…
Monthly Market Analysis August 2024 Economy United States Last month the U.S. economy provided additional evidence that it is slowing down. Although, the American economy added 206,000 jobs in last month’s employment report, the unemployment rate increased from 4.0% to 4.1%. The U.S. labour force is expanding as more Americans, that left the workforce and…
Monthly Market Overview July 2024 LAST MONTH’S ECONOMIC EVENTS · U.S. Employment Increased by 272,000 Jobs· U.S. Unemployment Rate Unchanged at 4.0%· Canadian Employment Increased by 26,700 Jobs· Canada’s Unemployment Rate Increased to 6.2%· U.S. Annual Inflation Rate Decreased to 3.3%· Canada’s Annual Inflation Rate Increased to 2.9%· Canada’s Monthly Retail Sales Increased by 0.7%· U.S. Monthly Retail Sales Increased by 0.1%· U.S. First…
Monthly Market AnalysisJuly 2024 Economy United States he U.S. economy continues to gradually slowdown from the fast paced growth that we saw in 2023. The economy generated 272,000 jobs in May, which is still robust, but the unemployment rate has also risen from 3.6% last May and is now 4%. During the first quarter of…