May 8, 2025 | Monthly Commentaries
‘The waiting is the hardest part.’ Tom Petty In today’s world of instant gratification, patience is a rare commodity. After all, a mere 10-minute delay on Uber Eats feels like an unbearable ‘why me’ moment. Why are they taking so long to pick up the order? Did they...May 7, 2025 | Notes from the Desk
It came as no surprise that the Fed held rates steady for a third consecutive meeting. The statement. The FOMC notes that ‘the risks of higher unemployment and higher inflation have risen’. The decision to hold rates was unanimous. The presser. Chairman Powell ducked...Apr 16, 2025 | Notes from the Desk
The Bank of Canada opted to hold rates steady to assess the fallout from the trade conflict with the US. Furthermore, the Bank offered little forward rate guidance, opting to maintain maximum flexibility in an uncertain environment. The Bank provided some insights...Apr 9, 2025 | Notes from the Desk
Despite bold claims from the US administration that Americans should ignore the decline in equities and spike in yields, it is evident that they faced a great deal of pressure to walk back the tariffs. This afternoon, President Trump announced a 90-day Reciprocal...Apr 8, 2025 | Monthly Commentaries
‘Chaos, when left alone, tends to multiply.’ Stephen Hawking In true game show fashion, President Trump unveiled his administration’s reciprocal tariffs with a ‘family feud’-style board (survey says 34%). The aim of ‘Liberation Day’ was to emancipate America from the...
