Another positive week in the markets, with the American S&P 500 ticking up to new heights. And despite ultra-tight financial conditions, U.S. gross domestic product keeps chugging along.
It has been a very positive week in the North American markets. Statistics Canada reported that Canada’s inflation rate moderated for a second straight month.
Well it’s been a much more positive week this week, as markets turned more enthusiastic after better than expected CPI numbers came out in the States.
ADP (Automatic Data Processing) released its jobs report for June yesterday. The report showed U.S. private businesses added the highest number of jobs since February 2022, suggesting the U.S. labour ...