The restrictions put in place to contain the rapid spread of the COVID-19 Omicron variant continued to weigh on global economic activity in January. The service sector experienced a significant decline. While economic activity slowed, inflation continued its march higher through the period, raising new questions about the stability of the economic recovery. Despite rising inflation, the major central banks – including the Bank of Canada (“BoC”) and the U.S. Federal Reserve Board (“Fed”) – opted to wait a little longer before starting to tighten monetary policy.
The spread of Omicron, geopolitical tensions and inflation all contributed to a heavy bout of volatility on the global markets over the month…
To continue reading please click HERE
We would like to take this opportunity to express thanks and gratitude to our associates,…
Introduction Global equity markets finished largely unchanged over the month of November. Enthusiasm for artificial…
October was a month of mixed signals. While equities climbed and AI leaders like NVIDIA…
Markets gained ground in September, lifted by rate cuts and easing inflation. Canadian and U.S.…
Investor sentiment improved in August, driven by hopes of rate cuts and extended trade truces.…
Trade tensions and cautious monetary policy continue to shape the global economic landscape. The U.S.…