Nov 12, 2024 | Monthly Commentaries
“I used to think if there was reincarnation, I wanted to come back as the President or the pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody.” James Carville The result was expected to be close, delayed, and...Nov 8, 2024 | Notes from the Desk
Domestic employment growth was humdrum in October. The numbers. 14.7k jobs created (27k expected) The mix was slightly favourable, with 25.6k full-time positions generated versus 11.2k part-time jobs lost. The unemployment rate held steady at 6.5% (6.6%...Nov 8, 2024 | Notes from the Desk
The Americans had one unanimous vote this week, with all members of the Federal Reserve Committee agreeing to deliver a 25 bps cut, reducing the target range for the Fed Funds Rate to 4.5-4.75%. As this was widely expected, the market focused on the...Aug 12, 2020 | Monthly Commentaries
“My new normal is to continually get used to new normals.” Anonymous The natural progression in economics is for an ‘unprecedented’ crisis to be followed by a ‘new normal’. The old modes and models are discarded and replaced with ones that reflect the new post-crisis...Jun 10, 2019 | Monthly Commentaries
“There’s no place like home.” The Wizard of Oz Along with sports fans across the country, we have firmly entrenched ourselves aboard the Raptors’ bandwagon. And Kawhi not? The newly anointed King of the North and his troops are one win away from being crowned...
