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Weekly Update for the week ending July 11, 2025

What’s BRICS, and Why Is It Back in the Headlines?

I first heard the term BRIC – referring to Brazil, Russia, India, and China – back in the late 1990s when I was researching high-growth mutual funds. The pitch was that these were fast-growing economies, and investing in a BRIC-focused fund would add a boost to a long-term portfolio. I ended up passing on the fund… and promptly forgot about BRIC.

Fast forward to today, and the term is back in the spotlight – this time with an “S” on the end, as South Africa officially joined the group in 2010. With BRICS now grabbing headlines again, I thought it was a good time to revisit what the group is and why it’s suddenly become a target of President Trump’s latest trade threats.

Weekly Update for the week ending July 4, 2025

When Good News Is Bad News (and Vice Versa)

This week brought a steady stream of US labour market data, and you might’ve noticed something that feels a little backwards: sometimes good news about jobs or the economy makes stocks fall, while disappointing news sends markets higher. At first, this can be hard to wrap your head around. After all, if more people are working and businesses are hiring, that should be a positive sign, right? But markets don’t just react to the data itself – they react to what that data means for interest rates and the US Federal Reserve’s (Fed) next move.

Weekly Update for the week ending April 25, 2025

US markets took another body blow at the start of this past week, once again set off by a tweet from President Trump. He renewed his public attacks on Federal Reserve (Fed) Chair Jerome Powell, calling him a “major loser” and demanding immediate rate cuts to juice the economy. Trump even floated the idea of firing Powell – a move that, while legally difficult, has rattled investor confidence.

Weekly Update for the week ending December 6, 2024

December is here, bringing hope that this historically strong month for stocks will close out the year on a high note. 2024 has already seen indexes setting and breaking record highs, leaving investors eager for a festive flourish to finish the year. Historically, December has earned its reputation as a strong performer, thanks in part to the “Santa Claus rally.” This phenomenon often lifts markets during the last week of December and the first few trading days of January. While the rally is not guaranteed, several factors help explain why December tends to shine.

Weekly Update for the week ending November 22, 2024

What Falling Interest Rates Mean for Your Portfolio

Last week, we explored how rising interest rates can challenge investors. This week, let us flip the script and talk about something that could actually work in your favour—falling rates. When interest rates drop, it is not just borrowers who feel the relief. If you know where to look, your stock portfolio can benefit too.

Why Do Central Banks Lower Interest Rates?
Central banks, like the Bank of Canada (BoC) or the US Federal Reserve (Fed), lower interest rates to stimulate a sluggish economy. Cheaper borrowing encourages spending and investment, helping businesses expand, creating jobs, and keeping inflation in check. Think of it as their way of giving the economy a boost when growth hits a wall.