December Employment Data Summary Today’s Canadian and US employment data indicates that both countries were close to full employment before the Omicron Surge. USD · 199k jobs created versus the consensus expectation of 450k, unemployment rate dips to 3.9% versus expected 4.1% and wages blew past expectations of a 0.4% increase, coming in at 0.6% […]
Since The (W)Ides of March | April 2020
“There’ll be ups and downs, smiles and frowns.” Snoop Dogg Last month we noted that one of the greatest commodities right now is patience (apologies to the ‘gold bugs’). After all, the road to social and economic recovery could be long and jagged, and we can’t let emotions and short-term thinking get the better of […]