Monthly Market Review April 2025

Monthly Market Review April 2025

The financial markets experienced significant turbulence in April, largely driven by changes in US trade policy. Early in the month, President Trump announced a series of tariffs that were broader and more severe than anticipated. This announcement led to a sharp...
Monthly Market Review March 2025

Monthly Market Review March 2025

Coming into the start of the year, many investors were optimistic that the 2024 trend of US exceptionalism, where US stocks outperformed their global counterparts, would continue. The newly elected Republican administration and their “America First”...
Monthly Market Review February 2025

Monthly Market Review February 2025

Following a strong beginning to 2025, February saw a decline in the narrative of US exceptionalism. Increasing doubts about the impact of the US administration’s policy agenda negatively influenced both corporate and consumer sentiment, leading to renewed...
Monthly Market Review January 2025

Monthly Market Review January 2025

The start of the year has shown promise, with both equities and bonds ending the month with positive returns. The major equity indices saw Europe leading the way, gaining 7.1%, outpacing Canada at 3.5%, and the US, ending up 2.8%. Value stocks in the US also...
Monthly Market Review Nov 2024

Monthly Market Review Nov 2024

Equities staged a broad-based post-election rally in November. U.S.-based stocks, as measured by the S&P 500 Index, rose 6.3% in November. All the benchmark’s underlying sectors were in the green during the month. The S&P 500 ended November at an all-time high...