Insights

Retail sales ticked up in November in the midst of the holiday shopping period. Even after adjusting for inflation, real retail sales (excluding autos) were tracking an increase relative to October. Clothing stores and gasoline were responsible for the...

This week the Bank of Canada kept interest rates steady and the U.S. job market continues to send mixed signals. Overseas the inflation narrative continues to improve but economic activity is also in decline.

This week saw improvement in consumer inflation and a softer labour market in the U.S. while here at home we're facing economic slowdown and elevated recession concerns. To find out how this impacts your portfolio read this week's note below.