Market Update from Mete Wealth Management - "Shipping out"

January 29, 2024 |Mete Wealth Management
Dear Friends, I hope you had a nice weekend. North American equity markets have continued to push higher through the first month of the year. Given the anticipation for lower interest rates, all eyes remain focused on the world's central banks. Last week...
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CityScape image courtesy of Ralph DeGroot. Used with permission.

Market Update from Mete Wealth Management - Dolphin blues and eyes on cuts

January 15, 2024 |Mete Wealth Management
Dear Friends, Happy New Year! I hope your Christmas and holidays were great. My Miami Dolphins were finally put out of their misery on Saturday night after being ousted from the NFL playoffs by the defending Super Bowl Champion Kansas City Chiefs. Riddled...
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U.S. labour market ended the year with strength

U.S. labour market ended the year with strength

January 05, 2024 |Claire Fan, Economist, Royal Bank of Canada
US labour market data ended 2023 with strength. Payroll employment was up 216k in December while the unemployment rate held at 3.7% after declining to that level the prior month. As was the case for much of the year, the employment gain in December was...
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Canadian labour markets ended 2023 with a whimper

January 05, 2024 |Nathan Janzen, Assistant Chief Economist, Royal Bank of Canada
The December labour market data was mixed, but on balance adds to evidence that economic activity remained soft through Q4. Employment was essentially unchanged in December, the softest reading since a 6k decline last July. And the unemployment rate held...
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