Finance News
CIBC economists dug through today’s Canadian employment report and see a jobs market that continuing to gradually weaken. The country added 8.8K compares compared to a -12.5K consensus but unemployment ticked up to 7.0% from 6.9%. “Trade sensitive areas such as manufacturing and transportation & warehousing unsurprisingly showed…
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Read MoreThings are happening quickly on the China front and the US is sending its top-three trade officials in a push to move things along. Trump announces: I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative,…
Read MoreNo one has better data than Walmart and the CFO is just out saying that consumer spending has been ‘largely consistent’. I wouldn’t take it as gospel because Target threw up some red flags in earnings and Lululemon did today as well but I certainly wouldn’t bet against…
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