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Recent signs of a cooling Canadian economy led the Bank of Canada to hold interest rates steady this week, as anticipated.

The second half of the summer saw more subdued price action with both equity and bond markets showing a slight decline.

Global equity markets have pulled back slightly so far in August.

Investors have been tasked with interpreting a flurry of global economic data over the past couple of weeks.

The Bank of Canada raised interest rates as expected. Inflation figures in the U.S. suggest pricing pressures continue to ease.

It’s hard to believe, but the first half of the year has come to a close.

Global markets continue to behave reasonably well as measures of equity volatility sit near multi-year lows.

On the investment front, investors have been predictably preoccupied with the U.S. debt ceiling.

On the investment side, the U.S. debt ceiling has been front and centre.