AI Turns From Tailwind to Disruptive Headwind
This past week, markets came under pressure as investor sentiment around software companies shifted sharply. While higher interest rates and stretched valuations had already been weighing on the sector, what really rattled investors was a growing belief that parts of the software and professional services industry may be facing real disruption, not just a temporary slowdown.
Tag: BIPC
Weekly Update for the week ending April 12, 2024
This past week was pivotal for investors. The latest US inflation numbers, measured by the Consumer Price Index (CPI), could swing the door open for a possible US interest rate cut in June – if it indicated that inflation was on the decline. Conversely, flat, or rising inflation rates could extinguish any hopes for a rate reduction in June.
In this week’s edition of our series for new investors, I will cover a few of the risks beginners should be aware of when they start investing. Alongside the latest US inflation report and what it meant for investors, let’s see what else happened this past week….
Weekly Update for the week ending March 29, 2024
As we headed into March, buoyed by a strong rally, I held high expectations. Known historically as a favorable month for North American stock markets, and with a wealth of positive economic indicators on the horizon, it seemed the stage was set for significant market advancements. Analysts in both Canada and the USA were looking for data indicating robust economies, stable job markets, and decreasing inflation rates going into the month.
Indeed, the March reports did not disappoint. They painted a picture of strong economies and steady job markets across North America, alongside growing investor optimism and diminishing inflation. These developments have heightened investors’ expectations for interest rate cuts by the central banks of Canada and the US come June. Furthermore, with April historically being a strong month for the markets (though it is important to remember that past performance does not guarantee future results), the stage seems perfectly set for a bullish April.
Let us hope the bulls take the lead and run with it. 😊
Weekly Update for the week ending September 8, 2023
I hope everyone enjoyed the Labour Day long weekend, as well as the short work week.
Items that may only interest or educate me ….
Canadian Economic news, US Economic news, Oil production cuts, A sales dip for consumer cyclical companies, …
The week ending June 17, 2022
You would think a combination of a surging economy, low unemployment, strong corporate earnings, and people with money in their pockets would be enough to calm an unnerved market. You would be wrong! Inflation and the fight to drive inflation back to the desired 2% – 3% level continues to send the markets into a tailspin. […]
The short week ending April 14, 2022
Tax double whammy On April 7, the Canadian government introduced the latest federal budget. Once again, rather than living within its means or taking advantage of natural strengths to fund their pet projects, the government committed to spending more taxpayer money than they take in. Rather than debate the pros and cons of the various […]